Shapella upgrade – DIGIT INFO

Ethereum Network Fees Surge 153% in 30 Days, While Arbitrum Daily Transactions Outpace ETH Following Shapella Upgrade

DIGIT — Mon, 01 May 2023 18:15:43 +0000

Ethereum network fees have experienced a significant upswing following the implementation of the Shapella upgrade on April 12th. In the last 30 days, onchain fees have soared by over 153%, from a prior rate of $4.65 per transfer to a current average of $11.80 per transaction. The data highlights a substantial surge in the costs […]

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Ethereum’s Liquid Staking Protocols Attract 400,000 Ether After Shapella Upgrade

DIGIT — Sun, 30 Apr 2023 15:00:03 +0000

Just over two weeks have passed since Ethereum’s Shapella upgrade on April 12, 2023, which occurred at block height 6,209,536, enabling stakers to withdraw for the first time. At the time of the upgrade, slightly over 8 million ethereum was locked into liquid staking protocols. Since then, over 400,000 ether, valued at $763 million, has […]

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Ethereum price lower highs vs. Bitcoin hint at more downside in April

DIGIT — Mon, 24 Apr 2023 16:25:00 +0000

Institutional investors accumulated Ether and sold off Bitcoin last week, suggesting confidence in Ethereum after the Shapella hard fork.

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Ethereum is up 15% versus Bitcoin since Shapella — More ETH price gains ahead?

DIGIT — Tue, 18 Apr 2023 12:29:31 +0000

Ether stakers have withdrawn $1.21 billion worth of ETH from Ethereum staking contracts since the Shapella upgrade.

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Shapella Upgrade Hits, Economist Predicts Biggest Crash ‘in Your Lifetime,’ US Bank Lending Plummets — Week in Review

DIGIT — Sun, 16 Apr 2023 12:30:23 +0000

In crypto news this week, the Ethereum network’s long awaited Shapella upgrade took effect, unlocking staked ether. In the broader financial world, economist Harry Dent has predicted a massive crash to hit by mid-June, bank lending plummeted by a record $105 billion in two weeks, and the USD’s ability to maintain its value even in […]

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Ethereum’s Shapella Upgrade Unlocks Staked Ether, Over 860K ETH Poised for Withdrawal, Price Surges 6%

DIGIT — Thu, 13 Apr 2023 16:00:11 +0000

On Wednesday, April 12, 2023, at 6:30 p.m. Eastern Time, Ethereum’s Shapella upgrade was successfully implemented, enabling validators to withdraw staked ether. Data reveals that more than 860,000 ether is poised for unlocking, and 77,000 ether is expected to be withdrawn on Thursday. Ether’s price has experienced a surge, rising 6% against the U.S. dollar […]

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‘Withdrawals are coming!’ — Ethereum devs confirm epoch for Shapella fork

DIGIT — Wed, 29 Mar 2023 00:36:55 +0000

Shapella will take effect at epoch 194,048, which is scheduled for 10:27:35pm UTC on April 12.

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Ethereum Upgrade to Implement Beacon Chain Withdrawals Scheduled for April 12

DIGIT — Thu, 16 Mar 2023 20:00:55 +0000

During the Execution Layer Meeting streamed on March 16, 2023, Ethereum developers announced that the blockchain is scheduled to upgrade on April 12, in 27 days. The upgrade, known as the Shanghai-Capella upgrade or Shapella, will include the implementation of Beacon chain push withdrawals. This will enable Ethereum network validators to support withdrawal operations following […]

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