The post Ethereum validator queue shows first staking dominance in months appeared on BitcoinEthereumNews.com. The amount of Ethereum waiting to enter staking has overtaken the volume queued for withdrawal for the first time since July, marking a key shift in network activity. According to data from the Ethereum Validator Queue, the staking entry line reached 833,141 ETH (around $3.7 billion) on Sept. 4, surpassing the 819,757 ETH (roughly $3.6 billion) currently awaiting exit from staking pools. Ethereum Staking Queue (Source: ValidatorQueue) Notably, this is the first time since July 22 that the entry requests have outpaced exits. Staking service provider Everstake also noted that the surge reflects the largest queues observed since 2023, when the Shanghai upgrade allowed staked ETH withdrawals. The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha Nice 😎 Your first lesson is on the way. Please add [email protected] to your email whitelist. As a result, ETH stakers must wait approximately 15 days before they can stake their assets on the chain. Despite this shift, the total supply of staked ETH is expected to remain largely steady at above 36 million ETH because the entry and exit volumes nearly balance each other out. Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. Source: https://cryptoslate.com/insights/ethereum-staking-queue-hits-3-7b-overtaking-withdrawals-for-the-first-time-since-july/The post Ethereum validator queue shows first staking dominance in months appeared on BitcoinEthereumNews.com. The amount of Ethereum waiting to enter staking has overtaken the volume queued for withdrawal for the first time since July, marking a key shift in network activity. According to data from the Ethereum Validator Queue, the staking entry line reached 833,141 ETH (around $3.7 billion) on Sept. 4, surpassing the 819,757 ETH (roughly $3.6 billion) currently awaiting exit from staking pools. Ethereum Staking Queue (Source: ValidatorQueue) Notably, this is the first time since July 22 that the entry requests have outpaced exits. Staking service provider Everstake also noted that the surge reflects the largest queues observed since 2023, when the Shanghai upgrade allowed staked ETH withdrawals. The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha Nice 😎 Your first lesson is on the way. Please add [email protected] to your email whitelist. As a result, ETH stakers must wait approximately 15 days before they can stake their assets on the chain. Despite this shift, the total supply of staked ETH is expected to remain largely steady at above 36 million ETH because the entry and exit volumes nearly balance each other out. Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies. Source: https://cryptoslate.com/insights/ethereum-staking-queue-hits-3-7b-overtaking-withdrawals-for-the-first-time-since-july/