Ethereum Staking Queue Jumps to $800 Million

A recent surge in Ethereum’s staking queue has reached a record high of 306,438 ETH, exceeding $800 million. This significant jump is fueled by growing institutional investment and the network’s increasing participation, according to Beaconcha.in. 3.141% staking reward rate adds further incentive for investors to lock up their Ethereum. The increase in queue size suggests a new wave of confidence in the network. Past surges have historically correlated with major network upgrades or regulatory milestones, potentially impacting ETH’s supply and influencing DeFi protocols.