Ethereum PoS Network Booms With New Validator Activity

The Ethereum Proof-of-Stake (PoS) network is experiencing significant growth, with its validator queues displaying high levels of activity. According to BlockBeats, the exit queue currently houses 818,352 ETH, equivalent to approximately $3.72 billion based on current market prices. The withdrawal process faces a delay of 14 days and 5 hours. On the other hand, a resurgence in staking demand is creating an influx of new validators. The entry queue has expanded to 362,300 ETH, valued at around $1.649 billion. This influx results in a waiting period of 6 days and 7 hours for those joining the network.