Ethereum's "Shapella" upgrade is complete. Validators now have the freedom to withdraw their staked ETH if they so wish. Some have had their crypto locked away since December 2020. Nansen suggest that 93,300 ETH has been withdrawn over the past 24 hours — that's barely 0.5% of what has been sent to the deposit contract. ETH surged by 6.3% in intraday trading as the markets digested the news, with $2,000 proving elusive. Plenty more upgrades are in the roadmap over the months to come. Top priorities include making the blockchain more scalable, and reducing transaction fees.
2 yr. ago
