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Ethereum’s Shanghai Upgrade: CryptoQuant Anticipates Less Selling Pressure Than Previously Thought

By Elena R at 2024-11-28 19:45

Sentiment: Positive

The post Ethereum’s Shanghai Upgrade: CryptoQuant Anticipates Less Selling Pressure Than Previously Thought appeared first on Coinpedia Fintech News The Ethereum price is about to revisit last August’s high of slightly above $2000. The recent breakout has rejuvenated Ethereum bulls ahead of the April 12 Shanghai upgrade. Moreover, the upgrade will mark a successful transition from the power-hungry Proof-of-Work (PoW) to the Proof-of-Stake. Already, over 17.9 million Ether have been staked by about 563 … Continue reading...

Categories: Ethereum

Tags: #Ethereum #Ethereum Shangai Upgrade

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