Over 4 million ETH, valued at approximately $8.455 billion, are currently queued to join the Ethereum Proof-of-Stake (PoS) network, according to validatorqueue data. This surge in staking demand has been ongoing since December 26, 2025, with an estimated activation delay of about 69 days and 14 hours. The increase in staking is largely driven by Ethereum treasury companies and institutions like BitMine, which have recently staked significant amounts of ETH. Meanwhile, the Ethereum PoS network's staking exit queue has been cleared, allowing stakers to withdraw ETH almost immediately, as there are currently no large-scale redemptions.