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Bitwise leads first Ethereum validator consolidation on Lido, boosting staking efficiency with CMv2 upgrade.

Protocol Fundamentals
21 Sep 2026
Crypto Briefing
View Source
Bullish
Bitwise leads first Ethereum validator consolidation on Lido, boosting staking efficiency with CMv2 upgrade.

Bitwise has executed the first validator consolidation on Lido Core under the new Curated Module v2 (CMv2), marking a significant upgrade in Ethereum's staking infrastructure. This consolidation restructures about 8.4 million staked ETH, reducing the total validator count by roughly one-third and cutting attestation messages by 29%, which improves network efficiency and reduces computational load. The upgrade leverages Ethereum's EIP-7251, allowing larger validator balances and easier balance transfers without full exits. The full migration is expected to complete by Q1 2027, enhancing staking performance and raising operator participation standards with new bonding requirements.

Bitwise's validator consolidation on Lido Core involves restructuring about 8.4 million staked ETH, a major upgrade in Ethereum staking. For readers following the broader cryptocurrency market, here is Pluang's market snapshot as of Sep 21, 2026 13:31 WIB: out of 50 major cryptocurrencies tradable on Pluang, 41 rose and 8 fell today. Notable movers include ADA (Cardano) at Rp4.162 with a 6.66% increase and a typical hold time of 126 days, DOT (Polkadot) at Rp20.448 up 6.41%, and ALGO (Algorand) at Rp1.943 rising 6.35%.

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