Ethereum Validators No Longer Wait for Staking Rewards

The Ethereum validator exit queue has seen a significant turnaround in recent months.

Just under a year ago, the queue had stretched for 45 days as millions of tokens waited to be unlocked from staking. However, today that queue has completely emptied out, and the number of ETH actually staked continues to grow to a new record.

No one wants to unstake their Ethereum holdings anymore, with current data showing zero ETH waiting to be unstaked from the network.

This is a stark contrast to Q3 last year when the exit queue had swelled to roughly 2.6 million coins, forcing validators to wait up to 45 days before they could withdraw their holdings.