Ethereum Staking Queue Hits 2.48M ETH, Activation Waits Reach 43 Days

Ethereum's staking ecosystem has seen a significant surge in new deposits, outpacing exits by a factor of 13.6 on September 20.

The entry queue for validators reached approximately 2.48 million ETH, while the exit queue had fewer withdrawals lined up, with some days dropping to zero ETH in July.

This has led to activation waits of roughly 43-45 days for incoming validators due to network operational limits.