Ethereum Validator Entry Queue Holds Above 4 Million ETH as Exit Queue Falls to Mid-2025 Lows

The queue of Ether awaiting activation for staking on the Ethereum network has remained around 4 million ETH for over two weeks, a level viewed as a bullish indicator given sustained demand to lock tokens on-chain. Over the same period, Ethereum's validator exit queue has declined to levels last seen in mid-2025.