Rocket Pool: rETH Supply Drops, Smart Node Upgrades & $10M TVL
Rocket Pool’s rETH supply dipped 0.4% to 389,948, while pending and active minipools fell 1.8% to 18,495. Node operators edged up 0.1% to 4,027. The decentralized staking protocol rolled out Smart Node v1.18.0 and v1.18.1 releases, resolving Lighthouse testnet issues. R&D efforts have disabled solo staker migration ahead of the Saturn One upgrade and plan a private devnet-5 testnet. In governance, proposals cover team R&D funding, GMC Round 30, STAR program updates, GMC member adjustments and oDAO changes after Unit410/Coinbase exit. Marketing and integrations saw RockSolid’s rETH Liquid Vault hit $10M TVL, Enjoyoors’ deposit incentives, and support from Pendle and LSP.Fi. The protocol weathered an AWS outage, with Rezerve featuring Rocket Pool and EthStaker spotlighting Saturn One. With over 700,000 ETH staked by 3,200+ operators, Rocket Pool remains Ethereum’s leading decentralized liquid staking protocol, offering rETH from 0.01 ETH and operator staking from 8 ETH plus RPL rewards.
Neutral
rETH’s slight supply decline and minipool drops suggest minor staking slowdowns, while stable node growth, Smart Node updates and $10M TVL highlight continued protocol development and adoption. In the short term, reduced rETH issuance may exert modest downward pressure, but upcoming Saturn One upgrades and strong ecosystem integrations support long-term stability. Overall, the mixed signals result in a neutral market outlook for rETH.