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Ethereum Maxis Distressed As Validator Exit Queue Hits Record 910K Eth
Crypto Trends

Ethereum Maxis Distressed as Validator Exit Queue Hits Record 910k ETH

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The Ethereum Proof-of-Stake (PoS) network is seeing all-time high activity in its validator queues, with the exit queue presently reaching 910k Ethereum (ETH), worth approximately $3.8 billion. 

According to the tracking site Validator Queue, withdrawals are expected to take around 15 days and 16 hours, marking one of the longest waiting times to date. On August 14, Ethereum’s validator exit queue was nearly at 700,000 ETH, valued at about $3.29 billion. 

The exit queue refers to the queue of waiting validators that are about to withdraw staked ETH, and the entry queue represents those queuing to stake and enter the network. 

Alongside the exits, new deposits continue to flow in. The entry queue currently holds about 260,185 ETH, valued at approximately $1.1 billion. They are anticipated to become active in around 4 days and 12 hours, indicating that despite heavy withdrawals, new money is still coming into the network.

At the time, institutional demand and long-term investors are sustaining the entry queue, helping maintain balance in the staking system.

Statistics also indicate that the Ethereum PoS network has more than 1.082 million active validators and a total of 35.5 million ETH staked, accounting for 29.38% of the entire ETH supply. The current staking rewards are averaging 2.95% annually (APR). 

Ethereum’s Gigantic Gains this Year

The increase in the exit queue comes after Ethereum’s steep price rally in recent months, which has seen most validators unlock funds and take profits. Ethereum (ETH) is currently trading at $4,243.23, which surged as high as $4,784 this month. It has rallied over 223% since April lows below $1,500—as per CoinMarketCap data. 

The cryptocurrency’s current market capitalization is $509.19 billion, with a trading volume of $47.83 billion within the last 24 hours.

Also Read: Ethereum Faces Record Shorting While Demand Stays Strong



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Helldivers 2 follows up the battle for Super Earth with fresh Automaton fighting, because naturally the bots were just waiting in a big invasion queue
Game Updates

Helldivers 2 follows up the battle for Super Earth with fresh Automaton fighting, because naturally the bots were just waiting in a big invasion queue

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Following the recently-concluded invasion of Super Earth, Helldivers 2 developers Arrowhead have decided to keep on chugging with the invasions. Yep, in the most Helldivers 2 development ever to hit Helldivers 2, an Illuminate invasion has given way to an Automaton invasion.

The game’s Galactic War is a genuine forever war, and I continue to enjoy watching Arrowhead find new ways to kick its community of bed and shout ‘come on, you’ve got new things to do’.

“Distress calls have been raised from multiple planets,” the studio wrote in its briefing for the first major order to drop since players won the battle for their home planet, “Automaton invasion ships have landed, disrupting ongoing merriment and sanctioned frivolity in the wake of our great victory. The enemy has been evidently waiting for the outcome of the assault, poised to strike while our forces are weakened by the Illuminate invasion.”

Classic Tom and Jerry tactics from the bots there, waiting just out of sight with big metallic grins and frying pans at the ready to try and whack the unsuspecting Helldivers on the head. From a practical perspective, the order’s tasked players with fending off five Automation invasions of different planets before time runs out.

As of writing, two have already been seen off, with just over two days left to run on the order. The fiercest fighting right now looks to be on the moon dubbed Zosma, with around 31,000 players on its surface trying to fend off an invasion force coming from Zzaniah Prime. Lots of Zs, basically.

We’ll see how this order plays out, but so far it doesn’t look like the Helldiver hangover that win on Super Earth probably led to is inhibiting their ability to shoot stuff.

Seriously, some of the Helldivers 2 hardcores on Reddit aren’t even moaning too much about being back fighting one of the original two factions – the other being the Terminids – that they’ve spent countless hours battling in various guises and forms over the year and a bit the game’s been out. Cool what a big win can do for morale, eh?



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