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The staking enthusiasm for the Ethereum PoS network continues to rise. According to the latest data, the number of ETH waiting in line to join has surpassed 1.77 million, with a market value of approximately $55.2 billion — a quite substantial scale.
More notably, the activation waiting period has been extended to nearly 31 days. What does this mean? A large influx of funds into the staking sector indicates that the market is quite optimistic about Ethereum's long-term returns. On one hand, it shows that institutional and individual investors' confidence in the PoS mechanism is strengthening; on the other hand, it also reflects the current strong demand for liquid staking.
From on-chain data, this growth is driven by both market sentiment and actual yield expectations. For friends interested in the Ethereum ecosystem, such on-chain movements are important reference points for judging market trends.