Since the implementation of the Shanghai upgrade to the Ethereum mainnet just over one month ago, which allowed Ethereum validators to withdraw all or some of their staked Ether (ETH) tokens from the staking smart contract for the first time, demand for ETH staking has soared.
According to wenmerge.com, the waiting period for an ETH owner to enter the Ethereum network as a new validator has surged to 27 days and 7 hours, with 50,398 prospective validators current in the queue.... Read More: Demand for ETH Staking Soars Despite Nearly Month-Long Waiting Period