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
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