PANews March 4 News, according to Decrypt, as large investors such as enterprises and exchanges choose to stake Ethereum to earn yields rather than sell during market rebounds, the queue of Ethereum validators has surged to about 3.4 million ETH, forming one of the longest staking queues since the network shifted to PoS, with an estimated wait time of around 60 days. This number has increased significantly from about 900,000 ETH in early January, indicating that major market participants are opting to lock up supply for returns. Industry feedback shows that current demand is mainly driven by large enterprises and exchanges seeking to generate yields on idle crypto assets. Analysts suggest that narratives around Ethereum’s potential in payment infrastructure and AI-related applications may also be fueling this demand.
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