Lido Crypto has launched its Core 2026 protocol upgrade, introducing native 0x02 validator support to its largest staking module, restructuring node operator economics around ETH-backed bonds, and setting in motion a validator consolidation that will reduce the total number of Ethereum validators by roughly one-third.

No action is required from stakers, the changes operate entirely at the protocol level.

The upgrade lands at a structurally important moment. Ethereum’s Pectra hard fork introduced EIP-7251, which raised the maximum effective validator balance from 32 ETH to 2,048 ETH via 0x02 withdrawal credentials, but adoption required coordinated infrastructure work at the protocol layer.

Lido’s…