Ethereum PoS Network Sees Significant Changes in Validator Queues

According to BlockBeats, the Ethereum Proof of Stake (PoS) network is experiencing notable shifts in its validator queues. Currently, the exit queue reports approximately 479,300 ETH, down from a recent peak of 744,000 ETH. At the current market price, the ETH exiting the PoS network is valued at around $2.013 billion, with a withdrawal delay of 8 days and 8 hours. In contrast, the demand for staking by new validators has significantly decreased. On July 17, there were 435,000 ETH queued to enter the network. Today, the entry queue has dropped to 22,000 ETH, valued at approximately $92 million, with a current queue time of 9 hours.