Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand

Ethereum Has Nearly Cleared Out Validator Queue, a Sign of Weak Staking Demand

Source Node: 2931895

ETH staking growth was “exceptionally strong” since the Merge – when Ethereum transitioned to proof-of-stake in September 2022 – and Shapella upgrades, but the initial fervor has started to cool, David Lawant, head of research at institutional crypto exchange FalconX, noted in a market report.

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