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

Apr 30, 2023 Robert Brown

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…

APR Beacon Chain Contract Binance Blockchain blockchain technology Coinbase crypto investments Crypto investors crypto market crypto wallets Cryptocurrency cryptocurrency exchanges Cryptocurrency Trading decentralized finance DeFi defi ecosystem Defi Platforms Defi TVL Digital Assets ETH Validators ETH-based staking ether withdrawals Kraken Lido liquid staking protocols market volatility Nansen statistics rising ethereum price Rocketpool Shapella hard fork Smart Contracts Staked Ether Stakewise staking rewards TVL growth U.S. regulators user deposits withdrawal addresses

Liquid Staking Protocols See Increase in Monthly ETH Deposits Despite Withdrawals Post-Shapella Hard Fork

Apr 15, 2023 Robert Brown

Following the Shapella hard fork on April 12, 2023, approximately 332,368 ether, valued at around $699 million, has been withdrawn. Despite these withdrawals, liquid staking protocols like Lido, Rocketpool, and…

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