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Ethereum World News 2023-02-09 14:48:05

Ethereum’s Shanghai Upgrade To Raise ETH Staking Average And Balloon PoS Validator Count: Report

Summary: JP Morgan analysts expect the ratio of staked Ether to move towards the 60% average on other Proof-of-Stake blockchains. The bank added that yield returns could dip while the number of validators on Ethereum should increase to over 2 million. JP Morgan also sees liquid staking protocols like Lido Finance claiming more ETH staking market share. ETH developer said the Shanghai update should roll out in March, barring delays. Retail crypto staking in America could suffer turbulence, Coinbase CEO

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