Following the remarkable Ethereum Shanghai upgrade, the trend toward staking on Ethereum’s blockchain has been nothing short of phenomenal. Consequently, Ether (ETH) accumulation on the beacon deposit contract has surged significantly, witnessing an unprecedented rise. Ethereum Deposit Contract Value Reaches New ATH Since the Shanghai upgrade, the staking ratio of
Located at the heart of the bustling metropolis, the Science and Technology Commission of Shanghai Municipality (STCSM) consistently fuels the city’s innovative spirit. This dynamic organization is instrumental in developing and implementing groundbreaking scientific and technological plans for Shanghai. Moreover, its commitment to the city’s future is more than just
The current enthusiasm for memecoin has led to higher gas costs on the Ethereum network, which peaked at 87 gwei on May 2. This price rise is the consequence of the enthusiasm causing excessive congestion. Last time Ethereum median gas was this high was in May 2022 ⛽️ source: https://t.co/bjIOV2m4Cd
In recent times, Ethereum has undergone a series of significant upgrades. These include transitioning from the proof-of-work to the proof-of-stake consensus, as well as the recent Shapella upgrade, which resulted in several alterations to the network. Following the Shapella upgrade, one of the most notable changes to the network is
After Ethereum’s long-awaited Shanghai update, the native cryptocurrency of the blockchain, ether (ETH), has mostly remained untouched. By enabling previously inaccessible staked ETH withdrawable, the upgrade completed Ethereum’s transition to a proof of stake network. This switch to proof of stake is important because users stake ETH with the network
Ethereum has moved one step closer to a fully autonomous proof-of-stake system after its long-awaited Shanghai upgrade takes hold on the world’s second-biggest blockchain. On April 12, the main feature of the Shanghai upgrade, known as EIP-4895, went live. The upgrade now allows some users to withdraw their staked ETH
In the hours before the anticipated Shanghai upgrade to the blockchain, the price of Ethereum (ETH) dropped below $1,900 on April 12. ETH currently trades for $1,867.62 with a 24-hour trading volume of $8,721,558,303. Ethereum has decreased by 2.39% during the past 24 hours. The Shanghai upgrade, also known as
In a concerning development for the Ethereum (ETH) community, it has been reported that the number of active validators on the ETH network has dropped to a negative for the first time since the merge in September. Change in #Ethereum active validators goes negative for the first time since the
Ethereum’s Shapella (Shanghai- Capella) upgrade is scheduled for the 12th of April, which is in two days during the 194048 epoch. There are a lot of rattles over this topic in the crypto market, and it is both positive and negative. This article is a summarization of all those. Diving
The whole crypto market is eagerly waiting for Ethereum’s upcoming Shanghai upgrade. The anticipation for the Shanghai upgrade is increasing day by day. At the same time, Etherscan reported that a whale received 1.52 million Lido DAO (LDO) tokens worth $4 million from the world’s largest crypto exchange, Binance. The
