Ethereum's Upgrades Spark Debate Among Crypto Analysts.

1 min read
Source: CoinDesk
TL;DR Summary

The upcoming Ethereum blockchain's Shanghai upgrade, or "Shapella," has divided crypto analysts on the future of ether's market trends. Some expect a sell-off after the upgrade as users liquidate their holdings, while others believe the expected uptick in selling pressure is already priced in and the market will bounce back in a classic "buy the news" move. The upgrade will allow users to access some $30 billion worth of ether locked in the network since the end of 2020. The LDO governance token of Lido Finance, the largest liquid staking protocol, has gained 26% since the start of the year, while competitor Rocket Pool's RPL has gained 70% since January.

Share this article

Reading Insights

Total Reads

0

Unique Readers

0

Time Saved

4 min

vs 5 min read

Condensed

88%

890110 words

Want the full story? Read the original article

Read on CoinDesk