Ether's Post-Upgrade Surge Continues, Tops $2.1K and Outshines Bitcoin.

Ether's price surged over $2,100, up more than 11% over the past 24 hours, after the Ethereum Shanghai upgrade, while bitcoin also rose toward $31,000. The mass unlock of staked ETH that some crypto market observers predicted did not occur, and the prospects for Ethereum and liquid staking derivatives are encouraging. The completion of the upgrade signals reduced risk, increased liquidity, and brought an uptick in asset value. Many ether stakers have decided to hold onto their coins, and the outlook for the price of ETH is an open question.