A Monthly Queue Has Occurred On Ethereum! What is the expectation?

Ethereum To become a validator after migrating from POW to POS and benefit from a 5% annual return Ethereum Need to stake.

Based on the latest on-chain data Ethereum The demand for staking has increased dramatically. Investors who want to become validators and earn passive income by locking their Ethereum to the network have to wait about 1 month to join the network.

Ethereum While the waiting time for staking is approximately 640 hours (26 days), the demand of investors who want to exit the network is realized in less than a minute.

Wenmerge According to data, around 50,000 validators are currently waiting in line to join the network.

The high demand stems from investors’ belief in the rise in Ethereum and their desire to earn passive income from the ETHs they hold in the meantime.

With the Shapella update in April, investors were able to withdraw their staked ETH at any time. This increased the trust in the network.

Last week, there were approximately 200,000 Ether entries into the network. According to Nansen data, ETHs currently locked in the network make up 15% of the circulating supply.

Source: Bitcoinsistemi.com

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