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Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: Coinpedia Fintech News on April 17, 2023, 10:23:12 AM

Title: Here’s How The Shanghai Upgrade Impacted The ETH Staking Market
Post by: Coinpedia Fintech News on April 17, 2023, 10:23:12 AM
The recent Ethereum Shanghai upgrade, which occurred just five days ago, has led to a remarkable surge in the asset value, up by approximately 10% to trade at around $2,100 on Monday. This has pushed Ethereum to scale to an impressive 11-month high, with bulls eagerly approaching a crucial resistance/support level between $2,274 and $2,662.

However, with the ongoing re-balancing of the staked ether, volatility in this second-largest digital asset is expected to remain high, adding to the excitement of crypto traders and investors.