Ethereum's Shanghai Upgrade: Impact on Price and Market Predictions.

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Source: Cointelegraph
Ethereum's Shanghai Upgrade: Impact on Price and Market Predictions.
Photo: Cointelegraph
TL;DR Summary

The upcoming Shanghai upgrade for Ethereum's native token, Ether, may cause short-term selling pressure but will be extremely bullish in the mid-to-long term, according to Ethereum researcher Vivek Raman. The ability to unstake Ether will de-risk the investment and attract more capital to staking, improving the network's security. Institutional investors that couldn't get involved earlier in staking will feel more comfortable once ETH can be unstaked.

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