Completed last September Merge The Shapella upgrade that followed has officially completed the transition of Ethereum to the Proof-of-Stake system. On the net with Merge ETH Investors who locked it had the right to withdraw after Shapella.
Contrary to majority expectation shapella The update did not have a negative impact on the Ethereum price.
After the Shapella upgrade, some of the investors lined up to withdraw the Ethereums they had locked into the system. However blockchain follower Nansen has found that the amount of ETH entering the staking system is higher than the withdrawal requests as of now.
According to data ETH While the amount of tokens staked on the network bottomed out with 18.6 million on April 17, this figure has reached 18.8 million today.
Another on-chain tracker, CryptoQuant, has published staking rates. The percentage of staked tokens rose as high as 14.61%, according to the blockchain tracker.
ETH Price
The largest smart contract network EthereumAfter a local top of $2.125, the coin corrected with the overall market.
If the selling continues in ETH, which is currently trying to hold above the support of $ 1,940, the decline may continue to $ 1,840.
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