Ethereum Surges to New Tech Levels
The second largest cryptocurrency in the market is going to make a large tech leap. After the “Shanghai” upgrade, Ethereum will give the chance to any investor to redeem any investments in other tokens to claim any interest, in the previous three years.
Staking was one of the largest advantages of Ethereum and become a selling point for many investors. At this moment, around 15 % of all ethers are at this situation, an amount around $30 bilion.
Those changes are going to bring more volatility in the market according to analysts as new players will have more liquidity in their hands.
The entrance of new currencies in the market will bring more pressure in the market price at a negative way but there is also an increase in the internal value for Ethereum.