Dear @TeamYouTube,
I completed the threshold for monetization 1 month back. I have not received any update on what's happening and when will my channel get monetized. It's demoralizing for me to create good content. I humbly request you to please speed up the process.
Now that the backlog is cleared, we’ll be reviewing applications much more quickly! So long as you meet the eligibility and program thresholds, you can expect to hear back in a month or so. Note: all applications are still manually reviewed, so it does take a bit of time.