Ethereum Validator Entry Queue Declines to 1,171,149 ETH as Staking Hits 44.3 Million

Ethereum's validator entry queue narrowed to 1,171,149 ETH on Nov. 1, marking a roughly 14% drop from an Oct. 23 snapshot, with activation wait times standing around 20 to 21 days. Total staked Ether expanded to approximately 44.3 million ETH, representing 36.22% of circulating supply and offering an annualized yield of 2.44%. The queue contraction follows an earlier peak where 1.23 million ETH worth nearly $2.8 billion awaited entry with an exit queue of only 1,682 ETH. Broader sentiment saw pressure as ETH traded down 5.2% over the previous week at $2,244.74.