Anticipation is the feeling of excitement when waiting for something you expect to happen in the (near) future.
“Fans of the franchise looked forward to the release of the next installment with eager anticipation.”
“To anticipate” is to expect something to happen (among other things), and anticipation indicates experiencing that wait with a feeling of excitement, expectation, or sort of eagerness. You might say somewhat ironically “we waited in anticipation for the train to arrive, only for it to be cancelled”, and you could describe things like “the courtroom was filled with anticipation”, like everybody is eagerly waiting to see what will happen.
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