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Coinbase: Q1 staked approximately 40.48 million SOL, accounting for about 9.52% of the total staked SOL on the network.
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Coinbase staked approximately 40.48 million SOL in Q1 2026, accounting for about 9.52% of the total staked SOL on the network. It operated 23 validators across 6 countries using 100% self-built bare-metal nodes, achieving an APY of around 7.02%, slightly higher than the network average of 6.95%. The block skip rate was 0.041%, lower than the network average of 0.198%. Its validator cluster employs a multi-client architecture including Harmonic, Jito, JitoBAM, Rakurai, and Firedancer, all adhering to the Solana Foundation's compliance requirements for schedulers. Coinbase also announced plans to test and integrate upgrades around Solana's consensus layer, "Alpenglow," and the network's fiber backbone project, "DoubleZero," to achieve rapid finality in the 100-150 millisecond range and lower network latency in the future.