Series-connection of resonant-tunneling diodes (RTDs) has been considered to be efficient in upgrading the output power when it is introduced to oscillator architecture. This work is for clarifying the same architecture also contributes to increasing oscillation frequency because the device parasitic capacitance is reduced M times for M series-connected RTD oscillator. Although this mechanism is expected to be universal, we restrict the discussion to the recently proposed multiphase oscillator utilizing an RTD oscillator lattice loop. After explaining the operation principle, we evaluate how the oscillation frequency depends on the number of series-connected RTDs through full-wave calculations. In addition, the essential dynamics were validated experimentally in breadboarded multiphase oscillators using Esaki diodes in place of RTDs.