The staking entry queue for Ethereum Beacon Chain has reached a new high. According to ValidatorQueue data, the total amount of ETH waiting to be validated has reached 17,590, roughly valued at $5.5 billion, the highest level since late August 2023.

From the perspective of new stakers, the pressure is also increasing. Users who want to become validators now need to wait approximately 30 days and 13 hours for their validation nodes to be officially activated. This extended waiting period reflects the ongoing enthusiasm for staking within the Ethereum ecosystem.

The underlying reasons are worth pondering—are risk appetites rising, or are long-term yield expectations improving? Regardless, this data has broken a record not seen in nearly two years, clearly indicating that market confidence in Ethereum staking yields continues to grow.