Blockdaemon's July 2026 Ethereum Report covers another month of outperformance against the CESR benchmark: a 2.67% PRR versus 2.66%, as staked ETH crossed 40 million and rising participation compressed base reward rates across the network. The report also covers EIP-8363, a draft proposal to taper and ultimately end staking issuance at 60.25M ETH staked; Glamsterdam's spec freeze and first public testnet ahead of an H2 2026 mainnet target; and record institutional staking demand.