ETH worth US$34 billion is unlocked//10% to tron-fan-club

The upgrade for ethereum network is coming closer and exchanges have started announcing if they are supporting the upgrade. This is a normal practice when exchanges keep the community updated in case of any upgrade on the blockchain so that there is no problem on the user funds and people can plan the activities accordingly.

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The upgrade for ethereum is about to happen this Wednesday and it's called Shanghai. With this update people who have staked their ethereum coins in the network will get it back and the value is going to be 34 billion USD.

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Because more people will be getting their coins by so possibly be considered some impact in the market at some of them will be trying to book the profit. It can be a temporary situations as per the experts and in the long term this will not impact much. If we talk about the technology then this ethereum blockchain will have increased capacity that would be able to process more transactions with faster speed. It is one of the net worth that has got thousands of projects built on it and speed been an issue along with the transaction cost. This has not been shared that if we can see reduction on the cost also but capacity is certainly going to be improved.

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Pixabay

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Ethereum is the top alt coin in cryptocurrency market and after Bitcoin this is only coin I have always seen as per the market cap. It's hard to say if there would be any project that can easily lead the segment. It's not impossible but expected that it's going to take lot of time. There are many ethereum killers available in the market but they're so far from the reach.

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VOTE @bangla.witness as witness

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SET @rme as your proxy

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