New data from BlockBeats shows a decrease in Ethereum’s Proof-of-Stake (PoS) network queues. The exit queue currently stands at 878,966 ETH, valued at approximately $3.77 billion – down from recent historical peaks. Similarly, the number of ETH waiting to join the network has fallen to around 203,206, indicating a positive trend. This dynamic situation reflects two opposing forces driving market activity. Stakers might be withdrawing their holdings for profits following Ethereum’s substantial recovery since its April lows, leading to higher exit queue numbers. Conversely, new deposits driven by favorable regulatory changes and institutional investment are boosting the entry queue. Companies like SharpLink Gaming and BitMine Immersion are increasing their ETH holdings and participating in staking activities, contributing to this growth.