Ethereum Community Predicts All-Time High in 2023 with Upcoming Shanghai Upgrade.
A survey conducted by OKX, the second biggest global crypto exchange by trading volume, shows that the majority of the Ethereum (ETH) community expects an increase in ETH staking around the time of the Shapella upgrade, with 83% of respondents believing this theory. Additionally, 63% of those surveyed predict that ETH will reach a new record high of over $5,000 by the end of 2023. The survey also highlights the growing popularity of ETH staking, with 17.9 million ETH staked on the Ethereum network as of April 5th, 2023, equivalent to over $34 billion.