Coinbase staking 41.63M SOL, or 9.72% of Solana network total

Coinbase said it is staking 41.63 million SOL, equal to 9.72% of all SOL staked across the Solana network in the second quarter. According to Coinbase’s second-quarter Solana validator operations report, the exchange currently operates 23 validator nodes distributed across seven countries and regions, including the U.S., the UK, Germany, Japan and Singapore.