Ethereum validators will soon be able to withdraw their Ether ETHtickers down to $1,789 from the Beacon Chain, enabled by Ethereum Improvement Proposal EIP-4895. The epoch, slot, and time were confirmed following a week-long deliberation between members of the Ethereum Foundation. There are now 17.81 million Ether staked on the Beacon Chain. At a current price of $1,776, $31.6 billion can be unlocked over time, with Staked Ether added to the Beacon Chain since it launched in December 2020. Shapella is the most significant Ethereum hard fork, while Berlin will optimize petrol prices in April 2021 and London will introduce EIP-1559 in August 2021. Istanbul enhanced layer-2 scaling solutions’ performance and resilience to denial-of-service attacks. The Ethereum Foundation increased rewards when bugs were discovered in the Shapella code, with successful bounties ranging from $2,000 to $250,000. News Sorce

With only 10.31% of the total ETH available, the supply of Ethereum on exchanges is at its lowest level since 2015. 90% of the ETH in circulation is held by organisations in charge of their own wallets, driven by worries about exchange security and the demand for investors to have complete control over their assets. Because there isn’t a lot of ETH available on exchanges, if there were to be strong market demand, the price of the cryptocurrency would probably increase. The supply of Ethereum has decreased by 66,000 ETH in the 180 days since the network’s merge upgrade, indicating a growing deflationary trend. After the London hard fork, transactions started burning ETH after the implementation of Ethereum Improvement Proposal (EIP) 1559. Ethereum staking has been viewed as a source of income for both cryptocurrency owners and exchanges; in the fourth quarter of last year, Coinbase reported revenue of more than $200 million. Ethereum’s Shanghai upgrade is one step closer to being activated, allowing validators to withdraw their staked ether and rewards earned from adding or approving blocks. News Sorce