Ethereum Staking Deposits Fall Due to Shanghai and Regulatory Pressure

Ethereum (ETH) deposits in liquid staking protocols are trending downward due to the upcoming Shanghai upgrade and regulatory pressure.

On-chain analytics platform Glassnode April 9 Posted on his official social media account on in the shipmentwill be released on April 12 and will be on the Ethereum mainnet. staking the assets acquired free will allow the release Shanghai escalation and regulatory uncertainties from the US. Ethereum in liquid staking protocols their deposits in the negative direction reported his influence.

Glassnode’s network where Ethers are locked Beacon Chain’s Staking Ethereum deposits since its early days to providers according to distribution in his data, Kraken, Binance And Coinbase’s for market dominance carried out by clear competition over time changed was recorded.

Glassnode is the competition between three giant companies. of the winner liquid staking protocol Lido Finance While noting that the Shanghai update is on the Ethereum mainnet active to be little One time remaining Ethereum in their deposits your fall also highlighted.

platform deposits, of the update Besides the regulatory pressures decrease due to showing stated. US Securities and Exchange Commission (SEC)has been quite a bit of staking products lately. hard One stance exhibiting some staking one of the products securities he had suggested.


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