Liquid Staking Platforms Surging Ahead of Ethereum Shanghai Upgrade
Ethereum will go through the Shanghai upgrade in March, which releases ETH staked on the Beacon Chain. Industry analysts believe this will be good news for liquid staking protocols as they offer better incentives and yields. As opposed to direct staking, they provide a more flexible way to stake and earn without having to lock up the collateral. “Accessibility, immovability, and illiquidity are the top drawbacks of crypto staking,” the analyst added. Liquid staking platforms provide a staking token that can also be used in other DeFi protocols to generate additional yields. (cryptopotato)
Research: Bitcoin Shrimp, Crab Cohorts Aggressively Buying; ETH Equivalent Cohorts Selling
Bitcoin and Ethereum Shrimp and Crab cohorts reveal a stark difference in market trend and sentiment of the top two cryptocurrencies.
Investors Eyeing ETH Should Look Beyond Its Dev Activity To Get a Complete Picture
According to recent data, Ethereum‘s development activity decreased in comparison to other cryptocurrencies such as Polkadot [DOT] and Cardano [ADA]. This decline could have negative impacts on the long-term prospects of Ethereum.
Ethereum 1-Month Realized Volatility Drops To Rare Level Seen Only Thrice In History
On-chain data shows that Ethereum realized volatility has now declined to rare levels observed only three times before in history.
DeFi Statistics in 2022
Nansen takes a look at how DeFi has performed and highlights interesting statistics about DeFi.
Ethereum Shanghai Testnet May Launch As Early as February to Enable Validator Staking Withdrawal
Ethereum developers plan to release a public test network for the Shanghai upgrade, which will include code allowing withdrawals of ether staked in the Beacon Chain since December 2020, by the end of February.
What is The Splurge
The Splurge is defined as a series of smaller upgrades aimed to ensure that the network runs smoothly following the previous five major updates and that the previous updates to the protocol don’t cause any issues.
Ethereum Core Developers Reaffirmed to Target February for Launching Public Shanghai Testnets
As the only major code change in Shanghai, staked ETH withdrawals are currently being tested on a developer-focused test network. Developers aim to launch public testnets for the Shanghai/Capella upgrade next month and tentatively schedule a mainnet launch for the upgrade sometime in March 2023.
What Is the Best Ethereum Scaling Solution? Part 1: Optimistic Rollups
This is part one of a multi-part series exploring Ethereum scaling solutions. In this piece, we will explore Optimistic Rollups.