Queue for Adding New Staking Validators on Ethereum Plummets
The queue for adding new staking validators on Ethereum has seen a significant decrease, with the number of validators dropping to 996 from a peak of over 96,500 in June. This suggests a decline in interest for staking Ethereum, possibly due to bearish market conditions and lower staking rewards. The reward for validators has also decreased from 5.2% to 3.5%. However, experts believe that institutional money may drive the next wave of deposits in Ethereum staking contracts
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Queue for Adding New Staking Validators on Ethereum Plummets
The queue for adding new staking validators on Ethereum has seen a significant decrease, with the number of validators dropping to 996 from a peak of over 96,500 in June. This suggests a decline in interest for staking Ethereum, possibly due to bearish market conditions and lower staking rewards. The reward for validators has also decreased from 5.2% to 3.5%. However, experts believe that institutional money may drive the next wave of deposits in Ethereum staking contracts