Ethereum's Shapella upgrade has come and gone, leaving a trail of shifting dynamics in its wake. With over 2.83 million staked ETH withdrawn and Ethereum's balance on centralized exchanges at a five-year low, the market's reaction is fascinating. But there's one crucial detail that every Ethereum investor should know about the upgrade's aftermath... What does this mean for the long-term future of Ethereum and the blockchain ecosystem? Dive into our comprehensive analysis to uncover the answer…
Research: Liquid staking tokens remain in the red five weeks after Ethereum’s Shapella upgrade Research: Liquid staking tokens remain in the red five weeks after Ethereum’s Shapella upgrade
CryptoSlate takes a look at the effects of Ethereum's Shapella upgrade on the network, including shifts in staking behavior, the decline in liquid staking tokens, and the impact on centralized exchange balances.
3 min read
Updated: May. 23, 2023 at 7:49 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
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Ethereum is a decentralized, open-source blockchain platform that enables the creation of smart contracts and decentralized applications (DApps).
