According to BlockTempo, Ethereum's staking demand is expected to surge in the coming weeks, potentially leading to longer staking wait times. Multiple factors, including the return of staking from Kiln, the rise of digital asset treasuries (DAT), and the anticipated approval of staking ETFs, are contributing to the growing staking queue. As of last weekend, the Ethereum validator entry queue held 422,143 ETH, valued at $1.94 billion. The queue is expected to expand further as major staking service providers and institutional players, such as Bitmine Immersion and Sharplink, continue to stake their ETH holdings. Additionally, positive market sentiment and historical price trends suggest a potential ETH price rally in Q4, which could further drive staking demand.
Ethereum Staking Queue to Surge Amid ETF, DAT, and Optimistic Sentiment
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