The amount of ETH queued to join Ethereum's Proof of Stake network has climbed to over 3 million, marking the highest level since July 2023. Institutional investors, including BitMine, have played a significant role in this staking surge, with BitMine staking nearly two million ETH. The staking exit queue has been cleared, allowing near-instant withdrawals, while new validator activation currently faces an estimated delay of around 53 days.
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[IMPORTANT] Ethereum Proof of Stake Network Experiences Strong Growth in Staked ETH
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