The Ethereum staking withdrawal queue has reached a significant milestone, surpassing $10 billion, equivalent to 2.4 million ETH. This surge has extended the average waiting time for withdrawals to over 41 days, reflecting increased activity and demand within the Ethereum network.
In other developments, Bitwise has updated its Solana ETF filing to include staking, with a management fee of 0.20%. Meanwhile, North Dakota is planning to issue a stablecoin for bank-to-bank transactions, following Wyoming's lead. Additionally, Solana's ecosystem has generated $2.85 billion in annual revenue, outpacing Ethereum's early growth and showcasing its expanding on-chain activity.
Ethereum Staking Queue Exceeds $10B, Wait Time Over 41 Days
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