Ethereum Staking Demand Rises Amid Stable Prices and Decreasing Supply
Ethereum validators face significant congestion as 3.6 million ETH await staking, projected to take 63 days for entry.
The Ethereum network is currently experiencing a substantial backlog in the validator entry queue, with approximately 3.6 million ETH awaiting staking. This situation is expected to result in a waiting period of around 63 days before new validators can be onboarded.