Lido could have this reaction to Ethereum’s Shanghai Upgrade, according to…

Lido could have this reaction to Ethereum’s Shanghai Upgrade, according to…


AMB Crypto
2023-01-10 18:30:15

Ethereum’s Shanghai update could drive growth for staking protocol Lido. Lido faced challenges as APR declined, and activity on the network also decreased. Ethereum’s [ETH] Shanghai update, set to go live in the first quarter of 2023, will introduce staking to the ETH protocol. The update has the potential to be a key growth catalyst