Ethereum Proof-of-Stake Network Boasts Record Staking Demand

The Ethereum Proof-of-Stake (PoS) network is witnessing a surge in validator participation, with new validators joining at an unprecedented pace. As per BlockBeats data, the current entry queue for staking has reached its highest level since September 2023, holding over 832,000 ETH worth approximately $3.577 billion. This high demand is contributing to a lengthy queue time of 14 days and 11 hours. Simultaneously, the exit queue for Ethereum PoS remains robust at 861,000 ETH, equating to roughly $3.7 billion in value today. The associated withdrawal delay currently stands at a prolonged 14 days and 23 hours.