The exit queue for Ethereum validators has surged to over 625,000 ETH, worth 2.3 billion USD. Exit wait times have reached the longest period of 10 days since late 2023, reflecting a significant uptick in activity as many seek to lock in profits from ETH’s price rally.
Following the SEC’s clarification that Ethereum is not a security, staking interest has risen, with a record 36.39 million ETH locked in staking pools. This accounts for 29.4% of the total supply, showcasing the growing appeal of Ethereum staking among institutional investors.
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