Less than 1% of staked ETH estimated to sell after Shanghai upgrade: Glassnode

    The analytics firm backed up its prediction, stating only 253 validators have signed up to fully exit their staked Ether position. An estimated 170,000 Ether of the total 18.1 million ETH staked on the Beacon Chain will be unlocked within the first week of the Shanghai hard fork being executed on Ethereum, Glassnode has predicted. The figure comprises…

    Ethereum’s Shapella hard fork executed on mainnet

    After months of delays, Ethereum validators can finally withdraw their staked Ether and rewards from the Ethereum mainnet. The Shapella hard fork has officially been executed on the Ethereum mainnet — meaning that Ethereum validators can finally withdraw their staked Ether from the Beacon Chain. The long-awaited upgrade took effect at 10:27 pm UTC on April…

    Ethereum staking deposits dip due to regulatory pressure and Shapella upgrade

    The amount of ETH being staked monthly has recently dipped according to the on-chain analytics platform Glassnode. Ethereum staking deposits have declined slightly in recent weeks due to increased regulatory pressure and the Shapella upgrade slated for April 12. On April 9, on-chain analytics provider Glassnode reported on the current state of the Ethereum staking…

    How will the Shanghai upgrade impact ETH price? Expert explains

    While it may cause downside pressure in the short run, the Shanghai upgrade will be extremely bullish for Ether’s price in the mid-to-long term, according to Vivek Raman. While it may have some short-term negative impact on the price of Ether, the upcoming Shanghai upgrade will be extremely bullish for Ethereum’s native token, as it…

    Ethereum ‘re-staking’ protocol EigenLayer launches on testnet

    The re-staking collective aims to address Ethereum validator economic incentives. A new protocol that allows Ethereum validators and stakers to “re-stake” their assets onto other emerging networks has just launched on testnet. The mainnet launch of the EigenLayer protocol is not expected until Q3, however, and testing will be phased in three stages to onboard…

    ‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork

    Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12. Ethereum validators will soon be able to withdraw their Ether from the Beacon Chain, with the Shapella hard fork set to be activated on the Ethereum mainnet on April 12. Shapella will take effect at epoch 194,048, which is scheduled…