The Ethereum staking validator exit queue has fallen to zero while the entry queue rose to about 2.6 million ETH, the highest since July 2023, as wait times for entry stretched to 45 days and exits now process in minutes (Data shows https://www.validatorqueue.com/). This shift has reduced near-term selling pressure and changed Ether’s supply-demand balance. Ed. note: the zero exit queue signals a sharp drop in immediate sell-side supply.
Onchain Foundation research head Leon Waitmann said this change could push staking rates higher once queued validators activate, and called the setup “Bullish set-up for the coming months.” (“Once the entry queue converts into active validators, the staking rate moves higher and pushes toward new all-time highs,” said).
Institutional demand has helped drive inflows, with BitMine Immersion Technologies staking over 1.25 million ETH. Santiment noted that 46.5% of total ETH supply now sits in the PoS deposit contract, at about 77.85 million ETH and roughly $256 billion in value (noted).
Total staked ETH stands near 36.1 million, about 29% of supply, according to Beaconcha.in data (Beaconcha.in data shows). Staking yields sit near 2.8% APR, and Ether trades around $3,300, below its $4,946 peak on Aug. 4, 2025 (CoinGecko data shows).
