Ethereum's validator exit queue has dropped to zero from a peak of 2.67 million ETH in September 2025, while the entry queue has surged to 2.6 million ETH, marking the highest level since July 2023. This significant increase in the entry queue has extended the waiting time for new validators to 45 days. In contrast, the processing time for exiting validators has been reduced to just a few minutes, reflecting a shift in network dynamics.