Ethereum is facing unprecedented delays in its staking and unstaking processes, becoming a topic of active discussion in the crypto community.
Wait Times for Staking Exit
Ethereum's Validator Queue, which tracks interest in staking and unstaking, has recorded unprecedented wait times. Currently, the wait time to exit staking stands at about 14 days, with 808,880 ETH, worth approximately $3.7 billion, locked in this queue. The epoch parameter, which sets the time frame for block creation, has also reached its limit.
Debate on Causes of Delays
The community is actively discussing the reasons for the increased wait times for unstaking. Marcin, co-founder of the Redstone service, noted that this issue may have begun last month when Tron founder Justin Sun withdrew $600 million in ETH from the Aave protocol, potentially causing market fluctuations. Many users are copying withdrawal strategies during such significant moves.
Impact of Current Market Conditions
Some analysts speculate that the upcoming launch of ETH staking ETFs may have triggered a spike in unstaking, as investors prepared for these developments. Additionally, Ethereum is approaching its all-time high of $4,891.70, prompting many traders to take profits, which is also contributing to network congestion.
Current issues with delays in the ETH staking exit process raise questions about network stability and structure. Discussions within the crypto community highlight the need for strategy adaptation and continued market monitoring.
