Ethereum validator ecosystem shows new signs of vitality. According to ValidatorQueue on-chain data, the entrance queue size has hit a new high for the first time in the past 6 months and is now close to twice the size of the exit queue. What does this contrast mean? Simply put—new validators are flooding in.

The driving forces behind this come from several aspects. First, institutional-level digital asset treasury companies (such as leading institutions like BitMine) are increasing their staking deployments, and the participation of these major players directly boosts overall demand. Second, market expectations for Ethereum's future development are heating up, especially with the upcoming Pectra upgrade, and many participants are optimistic about the profit opportunities brought by this wave of technological iteration.

The rebound in staking demand, to some extent, reflects the market's renewed recognition of Ethereum's long-term value. The expansion of the validator ecosystem also means that the security and decentralization of the Ethereum network are further strengthening.