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Ethereum’s Shanghai upgrade, also known as “Shapella,” is live, enabling withdrawals of over 18 million staked ETH for the first time. The update enhances scalability, boosts transaction speed, and strengthens Ethereum’s position in DeFi and Web3.
The market has responded positively, with increased investor confidence and validator participation. This milestone cements Ethereum’s transition to a more decentralized and sustainable proof-of-stake model.
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