Ethereum PoS Network: Significant Queue Delays Cause Waits of up to Two Weeks

The Ethereum Proof-of-Stake (PoS) network is facing delays in its validator queues, leading to significant waiting periods. As per BlockBeats, the exit queue currently holds 1,024,545 ETH, worth roughly $4.45 billion at current market prices. This translates to a withdrawal delay of up to 17 days and 19 hours for users seeking to withdraw their ETH. Meanwhile, demand from new validators is surging, pushing the entry queue to over 808,910 ETH, valued approximately $3.51 billion. This influx of newcomers adds another 14 days and 1 hour to their activation waiting period.