Ethereum Staking Queue Soars to Two-Year High Amidst Institutional Accumulation

The amount of Ether (ETH) waiting to be staked has surged to its highest point since 2023. Institutional investors and crypto asset managers are actively accumulating ETH for staking rewards, contributing to the surge in the queue. This trend is attributed to factors such as increased network confidence, favorable market conditions, and a growing presence of institutional interest in Ethereum staking.