Welcome to The Protocol, CoinDesk’s weekly wrap of the most important stories in cryptocurrency tech development. I’m Margaux Nijkerk, a reporter at CoinDesk.
In this issue:
Ethereum Faces Validator Bottleneck With 2.5M ETH Awaiting Exit
Is Ethereum’s DeFi Future on L2s? Liquidity, Innovation Say Perhaps Yes
Ethereum Foundation Starts New AI Team to Support Agentic Payments
American Express Introduces Blockchain-Based ‘Travel Stamps’
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Network News
ETHEREUM VALIDATOR EXIT QUEUE FACES BOTTLENECK: Ethereum’s proof-of-stake system is facing its largest test yet. As of mid-September, roughly 2.5 million ETH — valued at roughly $11.25 billion — is waiting to leave the validator set, according to validator queue dashboards. The backlog pushed exit wait times to more than 46 days on Sept. 14, the longest in Ethereum’s short staking history, dashboards show. The last peak, in August, put t
We współpracy z: https://www.coindesk.com/tech/2025/09/17/the-protocol-eth-exit-queue-gridlocks-as-validators-pile-up
