Odaily Planet Daily report: Data shows that approximately 3.4 million ETH are currently waiting to enter the validator set, creating one of the longest staking queues since the network transitioned to PoS, with estimated wait times of up to 60 days. This figure represents a significant increase from around 904,000 ETH at the beginning of January. Analysts note that the recent sharp growth in Ethereum’s validator queue indicates that large investors, enterprises, and crypto exchanges are increasingly opting to stake their ETH rather than sell it amid recent market conditions. Narratives surrounding Ethereum’s potential in payment infrastructure and AI-related applications may also be driving this demand. (Decrypt)
Ethereum Staking Queue Reaches New Post-POS High with 3.4M ETH Waiting
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Summary
The Ethereum staking queue has reached 3.4 million ETH, a post-Proof-of-Stake high, pushing waiting times to approximately 60 days. ETH price remains under pressure as demand for staking increases. ETH analysis reveals a sharp rise from 904,000 ETH in early January. Large investors and exchanges are holding ETH rather than selling, signaling stronger on-chain retention.
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