Users Can Now Withdraw Staked Ether and Rewards!

[Coinpedia Fintech News]

1) Ethereum's Shanghai hard fork, also known as "Shapella," has been finalized.

2) Users who have staked their ether (ETH) can now withdraw and redeem accru
ed rewards, marking a crucial feature of the new proof-of-stake network.

3) The upgrade has been hailed as a historic milestone, completing Ethereum's multi-year transition to a full proof-of-stake system.

4) The price of ETH remained largely flat at the time of the upgrade, while about 4,000 people tuned into a Shapella Mainnet Watch Party hosted by Ethereum Cat Herders.

5) Vitalik Buterin, co-founder of Ethereum, stated that scaling will be the next issue the blockchain tackles after Shanghai.

6) Analysts have speculated whether the upgrade's success will boost market sentiment or lead to a mass redemption and dumping of ETH holdings.