Ethereum (ETH) has experienced strong growth recently, achieving a new all-time high with the number of non-zero addresses reaching 97 million. This is a sign of wider adoption of DeFi and NFT which are built on top of the Ethereum network. The Shanghai update, which is expected to take place on April 12, will unlock around 18 million ETH from staking for validators and other participants. Withdrawal of the originally deposited ETH will be speed-limited, however staking rewards can be withdrawn straight away. In addition to this, proposals numbered 3651, 3855, 3860 and 6049 are going to be put into effect, reducing costs for developers working on the Ethereum network. This news is yet another milestone, signaling Ethereum's place as a major player in the crypto and blockchain space.



Other News from Today