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ETH staking growth was “exceptionally strong” since the Merge – when Ethereum transitioned to proof-of-stake in September 2022 – and Shapella upgrades, but the initial fervor has started to cool, David Lawant, head of research at institutional crypto exchange FalconX, noted in a market report. Source
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The recently enabled withdrawal flexibility in ETH staking, courtesy of the Shapella upgrade, mitigates its perceived risk for many investors," Bitfinex's analysts noted. "Prior to this upgrade, potential stakeholders may have been deterred from staking their ETH tokens due to concerns about their funds being locked for an unacceptably long
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Following the recent Shapella upgrade, the proof-of-stake blockchain has now enabled withdrawals for the first time, resulting in a surge of activity among ETH holders who are eagerly staking their tokens with network validators. As a result,
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The divergence comes amid a meme coin frenzy that has pushed up fees on the Ethereum blockchain. Source
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The share of Ethereum (ETH) held by so-called whale addresses has dropped since Ethereum's Shapella upgrade in mid April, suggesting that large investors may be leaning bearish in t near term.ETH whale population shrinks post-ShapellaThe amount of Ether held by addresses with 1,000-10,000 ETH, or "whales," was over 14.033 million ETH on
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press release PRESS RELEASE. ProBit Global has announced the native asset for the Ethereum network, ETH, as the next token for its series of trading competitions. The crypto trading contest, which allows ProBit Global users to win rewards based on their trading volume, gives traders a low-risk way to win additional
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Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights a
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Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether,
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Two weeks after the upgrade, the options market is assigning a slightly more negative sentiment to ether. Source
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“A large number of commentators are predicting a season of "LSDeFi" -- products and services built around staked ETH yield,” said Nansen content lead Andrew Thurman. "Agility appears to be one of the first successful examples, and the speed with which it has grown could be a sign there's more
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