$ETH Staking on Upward Trend with 0 Withdrawal Waiting time, but 43 Days waiting to be New Validator

$ETH Staking on Upward Trend with 0 Withdrawal Waiting time, but 43 Days waiting to be New Validator

According to validatorqueue's Ethereum staking withdrawal queue data, there are currently 93,173 applications for joining as new Ethereum validators nodes, requiring 43 days of waiting time, while the queue for exiting staking nodes does not require waiting, and the waiting time for staking withdrawal is zero.

Nansen's data shows total $ETH locked in Beacon chain has been on an upward trend and pace of deposit is accelerating in recent weeks.

The current Ethereum staking rate is about 16%, which is still much lower than other Layer 1 blockchains, such as Avalanche 57%, Solana 70%, and Tron 42%.

Liquid staking protocols such as Lido and Rocket Pool are expected to benefit from the increasing staking ratio as the overall market expands bigger.

 

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