Ethereum PoS Network Witnessing Changes in Validator Queues

The Ethereum Proof-of-Stake (PoS) network is experiencing notable changes in its validator queues as reported by BlockBeats. Currently, the exit queue shows approximately 479,300 ETH, a decrease from a recent peak of 744,000 ETH. This equates to a market value of around $2.013 billion with an estimated withdrawal delay of eight days and eight hours. On the other hand, demand for staking among new validators has decreased significantly. On July 17, approximately 435,000 ETH were queued for entry into the network. Today, this queue stands at just 22,000 ETH, valued at roughly $92 million, with a current wait time of nine hours. #ETH