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Despite the ongoing Etheruem PoS queue, the ETH staking rate has been steadily increasing over the past year.
BlockBeats News, September 3rd, according to the Validator Queue tracking website validatorqueue data, despite the rise in the price of Ethereum, the queued ETH withdrawals from Ethereum PoS have hit new highs since August, but the data shows that the Ethereum staking rate has been overall trending upwards over the past year.
As of the time of writing, the amount of Ethereum participating in staking has reached 35.629 million ETH, an increase of 1.525 million ETH from September last year's 34.104 million ETH. The staked amount as a percentage of circulation has also risen to 29.45%. It is worth noting that the lowest Ethereum staking rate in nearly a year was in March of this year, precisely during a period of low coin prices.
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