What Is Ethereum’s Shanghai Upgrade?
The Shanghai upgrade, also known as Shapella, is an upcoming major update to the Ethereum network which will enable users to unlock their staked ETH. This event is predicted to have a significant effect on ETH prices, either driving up institutional interest or forcing selling pressure on the asset.
Implications of Shapella
Many believe that this event could lead to liquid staking among institutional investors and increase stability within the Ethereum ecosystem. There is also speculation that ETH rewards (paid out to validators) could be treated as something like a risk-free rate.
Expert Insight On Shapella
BTCS Inc. CEO Charles Allen and Zhuling Chen, RockX co-founder and CEO, have offered their outlook for Shapella and what it means for the future of Ethereum.
CoinDesk Coverage Of The Upgrade
CoinDesk’s extensive coverage of the Shanghai upgrade provides readers with in-depth information about all aspects of the upcoming event – from its implications on ETH prices to expert insight from industry leaders.
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