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<ul class="news-points"> 
 <li>Ethereum’s recent Shanghai upgrade has had a significant impact on staking.</li> 
 <li>The net staking ratio has surged by an impressive 147% following the implementation of the Shanghai Upgrade, as revealed by Token Unlocks data.</li> 
 <li>A significant portion of the current ETH staking, precisely 25%, has come into play after the successful update.</li> 
</ul> 
The highly anticipated <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/" rel="noopener noreferrer nofollow">Ethereum</a> Shanghai upgrade has had a profound impact on the sector, setting off a wave of growth and heightened interest. According to <a href="https://token.unlocks.app/ethereum-shanghai" target="_blank" rel="noopener noreferrer nofollow">data</a> provided by Token Unlocks, a prominent crypto analytical platform, the upgrade has spurred notable developments, particularly in the realm of ETH staking. 
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 <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> Wrapped Up for Shanghai Upgrade <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"> The Shanghai Upgrade fueled sector growth, and the demand for the LSD protocol keeps rising. Here's what you can't afford to miss: <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f510.png" alt="🔐" class="wp-smiley" style="height: 1em; max-height: 1em;"> 22.99m <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> staked, ~18.86% of circulation (Overall) <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/2705.png" alt="✅" class="wp-smiley" style="height: 1em; max-height: 1em;"> 5.84m <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$ETH</a> staked, ~4.8% of circulation (Since… <a href="https://t.co/ZReOpNVTzD" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ZReOpNVTzD</a>— Token Unlocks (@Token_Unlocks) <a href="https://twitter.com/Token_Unlocks/status/1689526067479060481?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 10, 2023</a> 
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One of the most remarkable indicators of this surge is the substantial increase in staked Ethereum. A staggering 22.99 million ETH, equivalent to approximately 18.86% of the total c… 
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/the-shanghai-effect-eth-staking-ratio-soars-147-post-upgrade/">The Shanghai Effect: ETH Staking Ratio Soars 147% Post-Upgrade</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

The Shanghai Effect: ETH Staking Ratio Soars 147% Post-Upgrade

Coin Edition

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