Ethereum's staking demand is projected to increase significantly in the coming weeks, potentially leading to longer wait times for validators. This surge is driven by several factors, including the return of staking from Kiln, the rise of digital asset treasuries (DAT), and the anticipated approval of staking ETFs. As of last weekend, the Ethereum validator entry queue held 422,143 ETH, valued at approximately $1.94 billion.
The queue is expected to grow as major staking service providers and institutional players, such as Bitmine Immersion and Sharplink, continue to stake their ETH holdings. Additionally, positive market sentiment and historical price trends suggest a potential Ethereum price rally in the fourth quarter, which could further boost staking demand.
Ethereum Staking Queue Expected to Surge Amid ETF and DAT Developments
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