The queue of validators for launch on the Ethereum network has grown to its highest level in almost 4 months

  • The queue of validators to launch on the Ethereum network has begun to grow.
  • On February 12, 7045 validators were waiting to enter the Ethereum network.
  • At its peak, the figure was around 100,000.
  • The expected time to add a new validator has increased to almost 48 hours.

The queue for installing nodes on the Ethereum network has grown to its maximum since October 6, 2023. On February 12, 2024, 7045 validators were waiting to go online.

Validator queue.  Data: validatorqueue.
<em>Validator queue Data <em><em>validatorqueue<em><em><em>

The time to add a validator has increased to around 48 hours at the time of writing, with a wait of over 45 days at its peak.

Queue waiting time in days.  Data: validatorqueue.
<em>Queue waiting time in days Data <em><em>validatorqueue<em><em><em>

FalconX head of exchange research David Lowant told CoinDesk that “the increase in staking activity on Ethereum indicates early signs of renewed viability.”


Ethereum
ETH
Price:
$2,486.66

-1.74%
24h Volume:
$3.1b

Note that the number of active validators in the network is constantly growing. At the time of writing, the figure stands at 936,838.

Number of active validators.  Data: validatorqueue.
<em>Number of active validators Data <em><em>validatorqueue<em><em><em>

Let us recall that in October 2023, we reported that the queue of validators for launch on the Ethereum network had fallen to a historical low.

author avatar
Barack
As an experienced journalist, expert in useful tips, I have a passion for providing valuable information and practical guides to a wide audience. My articles are characterized by thorough research and verification of reliable sources that ensure the quality and accuracy of every information I provide
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