Ethereum's Upgrades and Price Targets: What Investors Need to Know.

1 min read
Source: Reuters
Ethereum's Upgrades and Price Targets: What Investors Need to Know.
Photo: Reuters
TL;DR Summary

The upcoming software upgrade to the Ethereum blockchain, called Shapella, will allow investors to redeem their "staked ether" worth over $33 billion in market value. The upgrade will end the indefinite lock-up period for staked coins, making it more attractive for investors to stake coins. However, some market players are concerned that unlocking staked coins could lead to massive withdrawals and a wave of selling, which could push prices rapidly lower.

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