Ouroboros News - — staking

Could Ethereum (ETH) price go down after the Shanghai update? Understand

análise técnica atualização Shanghai cripto criptomoeda ether Ethereum HODLers investidores Lido Messari proof-of-stake rede Rocket Pool RocketPool staking tendências validadores

Could Ethereum (ETH) price go down after the Shanghai update? Understand

The Shanghai upgrade of Ethereum (ETH) will allow validators to cash out “locked” ether in staking, which may worry investors regarding a drop in the price of the cryptocurrency. However, the developers have implemented daily withdrawal limits to mitigate this risk. A Messari report outlines that a mass sale that devalues ​​ether is unlikely to occur, and points out three main reasons for this: only a small percentage of validators will be able to leave per day, most validators are long-term HODLers, and there are options of "liquid" staking. Even so, it is important to remember that the cryptocurrency market is volatile and unpredictable.

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