• bitcoinBitcoin (BTC) $ 99,121.00
  • ethereumEthereum (ETH) $ 3,890.66
  • xrpXRP (XRP) $ 2.43
  • tetherTether (USDT) $ 0.999953
  • solanaSolana (SOL) $ 229.19
  • bnbBNB (BNB) $ 728.89
  • dogecoinDogecoin (DOGE) $ 0.440679
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 1.14
  • staked-etherLido Staked Ether (STETH) $ 3,886.93
  • tronTRON (TRX) $ 0.301611
  • avalanche-2Avalanche (AVAX) $ 50.38
  • shiba-inuShiba Inu (SHIB) $ 0.000030
  • the-open-networkToncoin (TON) $ 6.49
  • wrapped-stethWrapped stETH (WSTETH) $ 4,614.73
  • chainlinkChainlink (LINK) $ 24.96
  • polkadotPolkadot (DOT) $ 9.65
  • stellarStellar (XLM) $ 0.461388
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 98,687.00
  • bitcoin-cashBitcoin Cash (BCH) $ 601.18
  • suiSui (SUI) $ 4.03
  • hedera-hashgraphHedera (HBAR) $ 0.308042
  • pepePepe (PEPE) $ 0.000026
  • wethWETH (WETH) $ 3,890.62
  • uniswapUniswap (UNI) $ 17.24
  • litecoinLitecoin (LTC) $ 125.00
  • nearNEAR Protocol (NEAR) $ 7.25
  • leo-tokenLEO Token (LEO) $ 9.38
  • wrapped-eethWrapped eETH (WEETH) $ 4,084.26
  • aptosAptos (APT) $ 13.50
  • internet-computerInternet Computer (ICP) $ 13.43
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.649389
  • usdsUSDS (USDS) $ 0.999991
  • ethereum-classicEthereum Classic (ETC) $ 34.76
  • vechainVeChain (VET) $ 0.063675
  • crypto-com-chainCronos (CRO) $ 0.188149
  • render-tokenRender (RENDER) $ 9.72
  • bittensorBittensor (TAO) $ 671.16
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.89
  • kaspaKaspa (KAS) $ 0.177428
  • arbitrumArbitrum (ARB) $ 1.08
  • hyperliquidHyperliquid (HYPE) $ 13.21
  • filecoinFilecoin (FIL) $ 7.18
  • aaveAave (AAVE) $ 272.64
  • mantleMantle (MNT) $ 1.17
  • algorandAlgorand (ALGO) $ 0.468477
  • mantra-daoMANTRA (OM) $ 4.13
  • blockstackStacks (STX) $ 2.50
  • moneroMonero (XMR) $ 201.60
  • cosmosCosmos Hub (ATOM) $ 9.42
  • bitget-tokenBitget Token (BGB) $ 2.61
  • whitebitWhiteBIT Coin (WBT) $ 24.98
  • fantomFantom (FTM) $ 1.24
  • celestiaCelestia (TIA) $ 7.74
  • okbOKB (OKB) $ 57.35
  • dogwifcoindogwifhat (WIF) $ 3.41
  • daiDai (DAI) $ 1.00
  • bonkBonk (BONK) $ 0.000043
  • immutable-xImmutable (IMX) $ 1.92
  • optimismOptimism (OP) $ 2.49
  • injective-protocolInjective (INJ) $ 31.09
  • ethenaEthena (ENA) $ 0.990816
  • theta-tokenTheta Network (THETA) $ 2.85
  • the-graphThe Graph (GRT) $ 0.295072
  • worldcoin-wldWorldcoin (WLD) $ 3.45
  • sei-networkSei (SEI) $ 0.637377
  • flokiFLOKI (FLOKI) $ 0.000260
  • solana-swapSolana Swap (SOS) $ 3.29
  • thorchainTHORChain (RUNE) $ 6.99
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,894.85
  • galaGALA (GALA) $ 0.055957
  • ondo-financeOndo (ONDO) $ 1.61
  • jasmycoinJasmyCoin (JASMY) $ 0.044537
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 99,066.00
  • the-sandboxThe Sandbox (SAND) $ 0.847742
  • rocket-pool-ethRocket Pool ETH (RETH) $ 4,363.47
  • based-brettBrett (BRETT) $ 0.197129
  • eosEOS (EOS) $ 1.22
  • makerMaker (MKR) $ 2,059.25
  • mantle-staked-etherMantle Staked Ether (METH) $ 4,087.97
  • lido-daoLido DAO (LDO) $ 2.01
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998772
  • beam-2Beam (BEAM) $ 0.033791
  • pyth-networkPyth Network (PYTH) $ 0.474361
  • kaiaKaia (KAIA) $ 0.289961
  • dydx-chaindYdX (DYDX) $ 2.36
  • jupiter-exchange-solanaJupiter (JUP) $ 1.24
  • flowFlow (FLOW) $ 1.07
  • iotaIOTA (IOTA) $ 0.467698
  • tezosTezos (XTZ) $ 1.62
  • arweaveArweave (AR) $ 24.93
  • flare-networksFlare (FLR) $ 0.029538
  • starknetStarknet (STRK) $ 0.711491
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 4,020.39
  • kucoin-sharesKuCoin (KCS) $ 13.30
  • gatechain-tokenGate (GT) $ 12.61
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.58
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 4,001.96
  • stauSTAU (STAU) $ 0.156280
  • aerodrome-financeAerodrome Finance (AERO) $ 2.16
  • bitcoin-svBitcoin SV (BSV) $ 75.03
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 98,924.00
  • heliumHelium (HNT) $ 8.30
  • mog-coinMog Coin (MOG) $ 0.000004
  • movementMovement (MOVE) $ 0.676692
  • elrond-erd-2MultiversX (EGLD) $ 50.67
  • bittorrentBitTorrent (BTT) $ 0.000001
  • raydiumRaydium (RAY) $ 4.76
  • neoNEO (NEO) $ 19.56
  • fasttokenFasttoken (FTN) $ 3.22
  • curve-dao-tokenCurve DAO (CRV) $ 1.09
  • axie-infinityAxie Infinity (AXS) $ 8.65
  • xdce-crowd-saleXDC Network (XDC) $ 0.089549
  • tokenize-xchangeTokenize Xchange (TKX) $ 16.65
  • coredaoorgCore (CORE) $ 1.43
  • popcatPopcat (POPCAT) $ 1.34
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 1.31
  • decentralandDecentraland (MANA) $ 0.693398
  • ethereum-name-serviceEthereum Name Service (ENS) $ 39.00
  • matic-networkPolygon (MATIC) $ 0.649300
  • msolMarinade Staked SOL (MSOL) $ 285.02
  • apecoinApeCoin (APE) $ 1.70
  • aioz-networkAIOZ Network (AIOZ) $ 1.08
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 99,123.00
  • pancakeswap-tokenPancakeSwap (CAKE) $ 3.94
  • binance-staked-solBinance Staked SOL (BNSOL) $ 233.51
  • chilizChiliz (CHZ) $ 0.121218
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,888.39
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 4,089.62
  • conflux-tokenConflux (CFX) $ 0.228179
  • dydxdYdX (ETHDYDX) $ 2.36
  • havvenSynthetix Network (SNX) $ 3.14
  • akash-networkAkash Network (AKT) $ 4.20
  • zcashZcash (ZEC) $ 66.26
  • pendlePendle (PENDLE) $ 6.29
  • mina-protocolMina Protocol (MINA) $ 0.864737
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 98,463.00
  • eigenlayerEigenlayer (EIGEN) $ 4.75
  • wormholeWormhole (W) $ 0.356905
  • compound-governance-tokenCompound (COMP) $ 111.78
  • ecasheCash (XEC) $ 0.000050
  • notcoinNotcoin (NOT) $ 0.009394
  • nexoNEXO (NEXO) $ 1.49
  • ordinalsORDI (ORDI) $ 45.13
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 243.36
  • neiro-3Neiro (NEIRO) $ 0.002210
  • jito-governance-tokenJito (JTO) $ 3.51
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000001
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 98,666.00
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.440473
  • superfarmSuperVerse (SUPER) $ 2.01
  • amp-tokenAmp (AMP) $ 0.011213
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,890.34
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.008738
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,891.96
  • zksyncZKsync (ZK) $ 0.233034
  • oasis-networkOasis (ROSE) $ 0.124770
  • axelarAxelar (AXL) $ 0.965694
  • turboTurbo (TURBO) $ 0.012153
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.009271
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000149
  • reserve-rights-tokenReserve Rights (RSR) $ 0.015346
  • roninRonin (RON) $ 2.19
  • blurBlur (BLUR) $ 0.379871
  • 1inch1inch (1INCH) $ 0.545933
  • gnosisGnosis (GNO) $ 287.23
  • echelon-primeEchelon Prime (PRIME) $ 14.45
  • usddUSDD (USDD) $ 0.998748
  • arkhamArkham (ARKM) $ 2.27
  • livepeerLivepeer (LPT) $ 19.69
  • nervos-networkNervos Network (CKB) $ 0.015705
  • safeSafe (SAFE) $ 1.39
  • goatseus-maximusGoatseus Maximus (GOAT) $ 0.709053
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 4,222.58
  • kavaKava (KAVA) $ 0.650219
  • layerzeroLayerZero (ZRO) $ 6.31
  • grassGrass (GRASS) $ 2.86
  • book-of-memeBOOK OF MEME (BOME) $ 0.009860
  • kusamaKusama (KSM) $ 41.71
  • tether-goldTether Gold (XAUT) $ 2,668.36
  • dashDash (DASH) $ 54.40
  • usual-usdUsual USD (USD0) $ 1.00
  • super-oethSuper OETH (SUPEROETHB) $ 3,893.62
  • fraxFrax (FRAX) $ 0.996074
  • apenftAPENFT (NFT) $ 0.00000064
  • holotokenHolo (HOT) $ 0.003544
  • sats-ordinalsSATS (Ordinals) (SATS) $ 0.00000030
  • bitcoin-goldBitcoin Gold (BTG) $ 35.08
  • zilliqaZilliqa (ZIL) $ 0.031857
  • creditcoin-2Creditcoin (CTC) $ 1.49
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 99,216.00
  • spx6900SPX6900 (SPX) $ 0.651595
  • dexeDeXe (DEXE) $ 10.59
  • woo-networkWOO (WOO) $ 0.322740
  • 0x0x Protocol (ZRX) $ 0.704537
  • astarAstar (ASTR) $ 0.080339
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.42
  • enjincoinEnjin Coin (ENJ) $ 0.333502
  • chex-tokenCHEX Token (CHEX) $ 0.591061

Ethereum’s Shanghai Brings New Potential With 1.3 Million ETHs Unstaked So Far

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Ethereum’s Shanghai Brings New Potential With 1.3 Million ETHs Unstaked So Far

Token Unlock data shows that since the completion of the upgrade of Ethereum Shanghai, about 1.37 million ETHs have been unstaked, about 950,000 ETHs have been newly deposited into pledges, and the net withdrawal of about 430,000 ETHs. In addition, nearly 870,000 ETH are currently pending withdrawal, and over 150,00 ETHs have been withdrawal.

Ethereum’s Shanghai Brings New Potential With 1.3 Million ETHs Unstaked So Far

Source: TokenUnlocks

Early indications indicate that Ethereum’s flawless Shanghai upgrade has piqued the curiosity of institutional investors in staking.

From April 12, Ethereum’s widely awaited technology update permitted withdrawals of about 18 million tokens worth $35 billion that had previously been tied up in staking contracts.

After the upgrading, the price of ETH surged to $2,100, its highest level in 11 months, confounding prior fears that the unlocking would result in severe selling pressure and a price collapse. The currency has lately fallen below $1,850, coinciding with a general slump in the crypto market.

At its core, the Shanghai Upgrade is designed to improve the performance and scalability of the Ethereum network. This upgrade will introduce a number of key changes, including new features such as a new gas model and support for stateless Ethereum clients. This is expected to help improve the overall speed and efficiency of the Ethereum blockchain, which could lead to faster transaction times and lower user fees.

Enabling withdrawals also reduces the liquidity risk associated with locking up ETH for staking, which had previously deterred some investors. This makes it possible for existing ETH staking mechanisms like Liquid Staking Derivatives (LSD) to attract more users.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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