The Ethereum validator queue is approaching 1 million ETH, and the current waiting time for a new validator is approximately 17 days.

BitMine recently added another 82,560 ETH to the Ethereum staking system, worth approximately $259 million, pushing the number of Ethereum validator nodes in the queue to nearly 1 million ETH. The current waiting time for new validators is approximately 17 days. BitMine currently has a total of 544,064 ETH staked, worth approximately $1.62 billion. Since December 26th, BitMine has begun transferring Ethereum to staking contracts, planning to officially launch the staking project in the first quarter of 2026 through the Made in America Validator Network (MAVAN). Meanwhile, the total amount of Ethereum staked has reached 35.5 million ETH, accounting for approximately 29% of the total supply, with an annualized staking yield of nearly 2.54%. (Cointelegraph)