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Research: Liquid staking tokens remain in the red five weeks after Ethereum’s Shapella upgrade Andjela Radmilac · 17 hours ago · 3 min read
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.
Cover art/illustration via CryptoSlate
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 With over 2.83 million staked ETH withdrawn and Ethereum’s balance on centralized exchanges at a five-year low, the market’s reaction is fascinating.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…
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