Coinbase's research report reveals that the queue for Ethereum blockchain validators has emptied for the first time since the Shanghai upgrade in May. This signifies that the demand for staking ether is stabilizing. Validators confirm transactions by locking up ether and receiving rewards in return. The Shanghai upgrade introduced the ability to withdraw staked ether for the first time. Due to the peak capacity of validator entries in recent months, staking yields have decreased from over 5% to 3.5%. Coinbase predicts that if network activity and transaction fees remain consistent, the staking yield will remain unchanged as the growth of validators slows down. The report also mentions that activity on the Ethereum mainnet has stayed consistent during the third quarter, with an increase in total rollup transactions.