Rising staking demand and historical price patterns suggest Ethereum could be setting up for a major rally.
Ethereum is showing a critical onchain signal that has historically preceded strong price rallies. The amount of Ether queued to be staked has now surpassed the amount awaiting withdrawal, a shift that previously aligned with major upside moves for ETH. With price holding above a key technical level, market participants are increasingly watching for a potential breakout toward $5,000.
Ethereum’s validator entry queue has climbed to roughly 745,600 ETH, valued near $2.2 billion, overtaking the exit queue of about 360,500 ETH. This is the first time the entry queue has exceeded the exit queue since June. Currently, nearly 29.3% of total ETH supply — around 35.5 million ETH — is staked, reflecting long-term holder conviction.
This dynamic reduces immediate sell-side pressure, as more validators commit to locking ETH rather than withdrawing it.
Historical Data Points to Strong Upside
In previous cycles, similar queue flips preceded sharp price increases. In March and June, ETH rallied approximately 90% and 126%, respectively, after staking demand overtook withdrawals. If this pattern repeats, Ethereum could target the $5,000 region in 2026.
From a price perspective, ETH remains constructive above $2,750, a level acting as structural support. The current consolidation between $2,750 and $3,200 mirrors a prior range that eventually resolved higher, leading to a 74% rally.
As long as ETH holds above $2,750, upside momentum remains technically intact. Combined with rising staking participation and network improvements, Ethereum appears positioned for a potential multi-month expansion phase.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.