This paper examines the ecotoxicity of different actual inorganic wastes containing some potentially toxic metals commonly found in many industrial residues and the reduction in ecotoxicity obtained when the wastes are submitted to a solidification/stabilization process. The ecotoxicity was assessed as defined in the Spanish regulations on hazardous wastes, by means of the Daphnia magna Straus acute toxicity test applied to the toxicity characteristic leaching procedure (TCLP) waste leachate. On the basis of the EC50 values of the individual metals and the effect of the pH of the aqueous medium on D. magna, we have explored a method for estimating the toxicity of the TCLP waste leachate by calculating its EC50 value in the D. magna test. Although the method is only valid in cases in which a clear cause for the toxicity exists, the procedure described allows us to more completely explain the observed effects on the daphnids. The ecotoxicity of the residues after stabilization is less than that of the untreated waste, generally as a consequence of the reduction in metal leachability achieved by the immobilization treatment. The stabilization process was analyzed in terms of both the chemical and the ecotoxicological parameters, and the influence of leachate pH on the objectives of waste treatment is discussed.