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Ethereum validator node queue approaches 1 million ETH, with the current wait time for new validator nodes approximately 17 days.
BitMine has recently added another 82,560 ETH to the Ethereum staking system, worth approximately $259 million, pushing the queue for Ethereum validator nodes to nearly 1 million ETH. The current wait time for new validator nodes is about 17 days. Currently, BitMine’s total staked ETH reaches 544,064, valued at approximately $1.62 billion. Since December 26, BitMine has begun transferring Ethereum into staking-related contracts, planning to officially launch the staking project in Q1 2026 through the “Made in America Validator Network” (MAVAN). Meanwhile, the total staked ETH has reached 35.5 million, accounting for about 29% of the total supply, with an annualized staking yield close to 2.54%. (Cointelegraph)