Despite Ethereum staking's 2.2% annual return being only slightly higher than average euro household deposit rates (2.13%) and carrying price volatility, investors continue to queue. As of October 23, approximately 1.38 million ETH are waiting to enter staking, with an estimated wait time of 24 days and nine hours. This strong demand is driven by long-term ETH holders seeking to accumulate more tokens on existing positions, rather than solely chasing yield. Currently, 44.1 million ETH, over 36% of the total supply, is already staked.