The Shanghai Upgrade's Potential Impact on Ethereum's Price
The Ethereum Shanghai upgrade, which concludes the two-year transition to proof of stake, will introduce technical improvements to the network and allow staking withdrawals. However, the short-term price impact may be muted due to the anticipated length of the withdrawal queue. The availability of liquid staking services and the interest in cryptocurrency custody may lead to more locked-up ETH, which could be bullish in the long run.