Ether added over 10% in the past 24 hours, trading at 11-month highs above $2,120 during the Asian trading hours. Thursday’s Shapella upgrade ushered in a major development for the Ethereum network, allowing users to stake and unstake tokens from the network at will – improving the network’s overall outlook.
Lido’s staked ether tokens climbed into the top ten cryptocurrencies by market capitalization of $12 billion, which is the amount of ether locked on the protocol. “Staking withdrawals enabled by the Shanghai upgrade represent a significant milestone in the development of the Ethereum blockchain,” Tetu said over email. “Withdrawals will allow stakers to participate in securing the network with more confidence while increasing the capital efficiency of the tokens they decide to allocate.”
Meanwhile, dogecoin gained for the second-straight day. Much of the run came as trading service eToro said it would offer crypto trading directly from the Elon Musk-owned social media giant Twitter, which likelyMusk is a vocal dogecoin proponent and has expressed support for the Dogecoin network’s development several times in the past.
shauryamalwa $CIV season soon with the release of CivFund
shauryamalwa well many traders would see their way out probably this whole month as bulls💪
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