Ethereum (ETH) Jumps 6% as Shanghai Mainnet Upgrade Date Is Announced

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Ethereum (ETH) Jumps 6% as Shanghai Mainnet Upgrade Date Is Announced
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Ethereum Shanghai upgrade expected to go live on mainnet on this date ETH $ETH

Also, after the feature is released, users who took part in ETH 2.0 staking will be able to convert BETH to ETH in a 1:1 ratio on the ETH 2.0 staking page.

The forthcoming Shapella upgrade, which is anticipated to be live on the mainnet on April 12, will begin supporting staking withdrawals for ETH.It urges its users to keep in mind that they may be subject to a daily ETH redemption quota because of the processing constraints on the Ethereum network. It states that waiting in queues for ETH redemption might be expected.

After the Shapella upgrade is finished, Binance promises to put out another announcement with more information about ETH staking withdrawals.

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