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Ethereum Validator Exit Queue Clears

The Ethereum validator exit queue has cleared, with exit wait times dropping to near-zero.

Quick Take

  • Validator exit queue clears.

  • Grayscale issues ETHE dividend.

  • Vitalik says trilemma is solved.

  • Ledger commerce data leak.


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Ethereum Validator Exit Queue Clears

Listen to this episode from Ethereum News on Spotify. The Ethereum validator exit queue clears to near-zero. Grayscale issues a dividend to ETHE holders. Vitalik says the blockchain trilemma is solved. And Ledger's commerce provider suffers a data leak. Read more: https://ethdaily.io/854 Sponsor: Arkiv is an Ethereum-aligned data layer for Web3.

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Ethereum Validator Exit Queue Clears

The Ethereum validator exit queue has cleared, with exit wait times dropping to near-zero. Data from validatorqueue.com indicates that the exit queue is now virtually empty, allowing validators to leave the beacon chain in less than a minute. The drop represents a reversal since July 2025, when a surge in withdrawals consistently outpaced new deposits. Over 1 million ETH are currently waiting to enter the beacon chain, resulting in an estimated entry wait time of 20 days. The queue comes from a protocol-level cap on the number of deposits and withdrawals that can be processed per slot. Over 35 million ETH, representing 29% of the total supply, is staked on Ethereum.

Grayscale Issues ETHE Staking Dividend

Grayscale Investments announced a dividend distribution for shareholders of its Grayscale Ethereum Staking ETF (ETHE), making it the first spot crypto exchange-traded product in the U.S. to issue staking rewards directly to holders. This payout comes from the sale of staking rewards accumulated by the fund between October 6 and December 31, 2025. A dividend of $0.083178 per share will be distributed on January 6, 2026, based on holdings as of January 5, 2026. The Grayscale Ethereum Staking ETF has grown to hold over 1 million ETH since its initial launch in July 2024.

Vitalik Says The Trilemma Is Solved

Ethereum creator Vitalik Buterin says the blockchain trilemma is now solved through the combination of PeerDAS and ZK-EVMs. While Ethereum has long been secure and decentralized, it lacked the scalability to reach high bandwidth. Buterin notes that the trilemma is solved with PeerDAS live on mainnet and ZK-EVMs reaching production-ready performance this year. He says the milestone comes after a decade of research. Buterin laid out a four-year timeline to realize Ethereum as a high-bandwidth distributed network, which includes gas limit increases and the debut of ZK-EVM nodes in 2026 and ZK-EVMs becoming the primary method for block validation by the year 2030.

Ledger Commerce Provider Data Leak

Ledger disclosed a security incident at its third-party payment processor and merchant-of-record, Global-e. Email notifications informed some customers that a data breach on Global-e's systems exposed names, contact information, and possibly order details. Ledger warned of increased phishing attempts from the leaked data and urged users to remain vigilant, ignore unsolicited messages, and never share their 24-word recovery phrase. In 2020, Ledger suffered a large-scale data breach affecting nearly 300,000 users, fueling years of phishing, scams, extortion, and physical threats.

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