Ethereum on the network staking Brian Mosoff, boss of Ether Capital, a financial institution focused on opportunities, spoke about the upcoming Shanghai update.
An online post on Monday cryptocurrency Mosoff, who participated in the interview, stated that he does not expect a significant change in the price of ETH after the completion of the upgrade.
The Ether Capital CEO prefers to stay cool with the Ethereums that will be unlocked within the week. Mosoff, in the medium term ETH Emphasizing that different things will be talked about, he put forward the following scenario:
“After a few months, I expect a different picture in Ethereum. Non-institutional small stakers are likely to contribute more to the system.”
Crypto investment expert Brian Mosoff thinks the traditional financial industry could move into this space if small investors show more interest.
What is Shanghai Update?
Ethereum, which will be released on Tuesday, April 12 Shanghai The upgrade will allow users who lock ETH to the network to shoot. Thus, the transition process to PoS is expected to be completed altogether.
Some of the investors and analysts are worried that as a result of the increase, there will be selling pressure and the ETH price will fall.
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