Ethereum’s upcoming Shanghai upgrade could supercharge liquid staking derivative platforms that offer lucrative ETH staking rewards. Cointelegraph explains how.
), increasing the network’s liquidity and competitiveness while also boosting its staking ratio closer to its competitors.is a hard fork of Ethereum tentatively scheduled to occur in March. It implements five Ethereum Improvement Proposals, the headliner being EIP-4895, which allows users to withdraw their locked-up tokens representing staked Ether from the Beacon Chain.
Since the Ethereum network moved to proof-of-stake in September 2022, increasing the percentage of staked Ether has become important to help secure the protocol. But many have hesitated to stake their ETH due to the unavailability of withdrawals. Consequently, only around 15% of ETH is currentlyTop crypto assets by staking market cap. Source: Staking Rewards
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pro-Ripple Lawyer Calls Ethereum (ETH) Holders to Action in Wake of This IncidentPro-Ripple lawyer rallies Ethereum (ETH) investors due to recent events ETH $ETH XRPArmy XRP $XRP
Read more »
Ethereum (ETH) Might Drop to $350: What Does OpenAI Got to Do With It?Legendary short sellers Citron Research shares their uber-bearish take on second largest cryptocurrency
Read more »
Next stop Shanghai — Ethereum’s latest milestone approachesEthereum’s Shanghai upgrade is just over a month away, with a trial run set to take place on the Goerli test network on March 14.
Read more »
BTC, ETH and XRP Price Analysis for March 9Can BTC or ETH keep up with the rise of XRP? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum sassal0x
Read more »
BTC, ETH and XRP Price Analysis for March 10Which top coins are ready for a bounce back? XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp
Read more »
Price analysis 3/10: BTC, ETH, BNB, XRP, ADA, DOGE, MATIC, SOL, DOT, SHIBBitcoin and most major altcoins have broken below their strong support levels, but lower levels are attracting buyers and this is an encouraging sign.
Read more »