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How Shanghai Upgrade Could Boost Ethereum’s Price and Appeal

Etherum Reddit

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I read an article online about ETH's upcoming Shanghai upgrade and mentioned that it’s going to allow users to finally withdraw their staked ETH. This could be a huge game changer to alter ETH's prices and with the upcoming upgrade, ETH users will finally be able to withdraw their staked ETH, releasing over millions Staked Ether worth over billions in $$$.

The upgrade could attract more long-term investors and attract liquidity to the markets. And the transition to PoS might also attract more investors as they can generate yield just by holding the asset and helping secure the network.

Then again, the update could cause a slight dip in prices initially so I’m not going to sell my ETH just yet! The increased yields from staking could make ETH a more attractive asset for investors. What are your thoughts on all of this?

submitted by /u/AintShocked999
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