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Ethereum Shanghai Upgrade is nearing; what to expect from ETH and LSD tokens

From fxstreet.com

Dune analytics shows that Ethereum has over 16.3 million Ethereum staked on the network but cannot be withdrawn. The Shanghai upgrade, slated for April 12, 2023 at around 10:27:35 PM UTC will change this, allowing Ethereum stakers, including individuals and larger staking outfits to withdraw their staked ETH freely, something that is currently impossible. The Shanghai/Capella upgrade, christened Shapella, the upgrade will enable ETH withdrawals for various users who staked their Ethereum on the network as early as December 2020. After withdrawals are enabled, experts say it will reduce the risk of holding the staked ... (full story)

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  • Category: Fundamental Analysis