The Shanghai Upgrade Is Unlikely to Spark Massive ETH Selling | CryptoSoul

The Shanghai Upgrade Is Unlikely to Spark Massive ETH Selling Pressure — Here’s Why

The crypto community has continued to fret over the likelihood of Ethereum validators mass-dumping their Ether as the Shanghai upgrade approaches.

The Shanghai upgrade, expected to roll out later this month or early April, will signify Ethereum’s transition to a full-fledged proof-of-stake system. It will also allow validators to withdraw their staked ether and rewards gained by staking their Ether on the beacon chain.