Ethereum

Celsius

April

Optimism

<ul>
 <li>ValidatorQueue shows that the so-called validator entry queue has reached 7,045 entries.</li>
 <li>The waitlist representing more than 225,000 ETH is anticipated to be cleared in 48 hours.</li>
</ul>
More and more <a href="https://thenewscrypto.com/pudgy-penguins-witnesses-significant-interest-boosting-ethereum-nft-volume/" target="_blank" rel="noopener noreferrer nofollow">Ethereum</a> validators are considering staking their ether (ETH) on the network. An analysis of data from ValidatorQueue shows that the so-called validator entry queue has reached 7,045 entries, the highest level since October 6th. In little over 48 hours, the waitlist—representing more than 225,000 ether ($562 million)—is anticipated to be cleared.
Ethereum sets a cap on the amount of time it takes to process <a href="https://thenewscrypto.com/korea-blockchain-week-2024-paving-the-way-for-the-future-of-blockchain/" target="_blank" rel="noopener noreferrer nofollow">blockchain</a> blocks or the amount of new validators that may join the network every epoch. A backlog is the outcome of this. Every 6.4 minutes, Ethereum completes one epoch.
<h3 class="wp-block-heading" id="h-renewed-optimism">Renewed Optimism</h3>
To take part in maintaining Ethereum’s proof-of-stake consensus blockchain, organizations must stake at least 32 ether in the network. Staking ether earns them a consistent return, similar to interest from bonds or other fixed-income investments.
A recent uptick in Ethereum staking activity might be an indication of the cryptocurrency’s renewed optimism. Due to the lack of increase in the annualized percentage return on staked ether, it is noted that the renewed spike in the activation queue is interesting.
Despite a recent uptick, the number of potential stakers joining the network is still much lower than the 75,000+ that were active after Ethereum’s Shapella <a href="https://support.kraken.com/hc/en-us/articles/14601646281236-Ethereum-Shapella-Upgrade-FAQ" target="_blank" rel="noopener noreferrer nofollow">upgrade</a> in April of last year. To remove risk from locking funds for incentives, the Shapella update made staked ether withdrawals possible for the first time.
After defunct cryptocurrency lender <a href="https://celsius.network/" target="_blank" rel="noopener noreferrer nofollow">Celsius</a> announced intentions to unstake all of its ether holdings in early January, the line for validators seeking to depart saw a temporary surge.
Highlighted Crypto News Today:
<a href="https://thenewscrypto.com/erc-404-tokens-hit-by-26-market-downturn-amid-gas-fee-surge/" target="_blank" rel="noopener noreferrer nofollow">ERC-404 Tokens Hit by 26% Market Downturn Amid Gas Fee Surge</a>

Ethereum Validator Entry Queue Surges Amid Growing Optimism

목차

TheNewsCrypto

2024년 2월 12일에 게재된 다른 기사

Bitcoin Climbs to Challenge Yearly Highs While XRP Faces Hurdles

Bitcoin Enters Rally Phase as Halving Approaches

South Korea Enhances Crypto Market Regulation with Rigorous FIU Strategy

Ripple-Owned Metaco Loses Its CEO and Chief Product Officer (CPO)

Beasley Broadcast Group (BBGI) Surpasses EPS Expectations with a Strong Q4

Next Cryptocurrency to Explode Monday, February 12 – Synthetix, Axie Infinity, MultiversX

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!