Ethereum's validator queue has significantly decreased, with only 598 validators waiting to join the #network, signaling weaker staking demand. The waiting time to add a new #validator has dropped to less than five hours, a significant decrease from the previous 45-day wait. #ETH #staking growth has slowed, contributing to lower staking rewards and a lower staking ratio compared to other proof-of-stake networks like #Solana and #Cardano.

https://www.coindesk.com/markets/2023/10/12/ethereum-has-nearly-cleared-out-validator-queue-a-sign-of-weak-staking-demand/