Ethereum $ETH upgrade Shanghai might trigger 'gold rush' for these 9 protocols, DeFi analyst LouisCooper_ of FungiAlpha says LSD
Louis Cooper, analyst at DeFi team Fungi Alpha, shared his views on the potential beneficiaries of the upcoming hotly anticipated"unstaking" from the Ethereum PoS deposit contract.Mr.
Cooper foresees a"gold rush" that might give a boost to liquid staking derivative protocols with the activation of Ethereum upgrade Shanghai. As depositors will be able to unlock their ETH, interest in liquid staking will spike.This means the gold rush for LSDs market share has begun and major competition to provide the highest APR has insued.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ethereum’s Regens Tend to Ethereum’s Public Goods'Radical permissionless is sacrosanct in crypto cultures. It is non-negotiable, like decentralization or censorship resistance' polarpunklabs and gitcoin's notscottmoore write. Because anyone can use Ethereum, it must be treated as a commons. Opinion.
Read more »
NFT weekly trading volume on Ethereum rises to highest level since MayThe lull in NFT trading volume appears to be over, with ethereum NFT trading volumes reaching their highest point since May 2022 last week.
Read more »
Scroll’s zk-EVM Layer 2 goes live on Ethereum’s Goerli testnetThe race to build the world’s most suitable zk-EVM is very much underway, with Scroll reaching its first milestone.
Read more »
Cathie Wood: Bitcoin and Ethereum are ‘on the right track,’ despite collapse of several crypto companiesEther has been ushering in a financial services “revolution,” said Cathie Wood, chief executive at ARK Invest. Wood’s flagship Ark Innovation ETF fell more than 67% in 2022, but has regained about 24% so far this year.
Read more »
Second Ethereum Testnet Successfully Simulates Shanghai Hard ForkEthereum's Sepolia testnet successfully simulated staked ETH withdrawals, bringing the blockchain one step closer to its highly anticipated Shanghai Upgrade, cryptauxmargaux reports
Read more »
Ethereum testnet successfully forks in Shanghai upgrade rehearsalEthereum's Sepolia test network has undergone the 'Shapella' upgrade, simulating the Shanghai and Capella hard forks slated for the mainnet next month.
Read more »