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What is Ethereum’s Shanghai upgrade? Here's how it might affect the price of ether.

Crypto Last Updated: April 12, 2023 at 6:57 p.m. ET First Published: April 12, 2023 at 4:54 p.m. ET Ethereum completed its Shanghai upgrade Wednesday evening. Getty Images Ethereum, a blockchain that supports the world’s second-largest cryptocurrency, ether, completed an important upgrade on Wednesday, which allows holders to withdraw their coins that they locked up

what-is-ethereum’s-shanghai-upgrade?-here's-how-it-might-affect-the-price-of-ether.

Crypto

Ethereum completed its Shanghai upgrade Wednesday evening.

Getty Images

Ethereum, a blockchain that supports the world’s second-largest cryptocurrency, ether, completed an important upgrade on Wednesday, which allows holders to withdraw their coins that they locked up for rewards. 

Ethereum’s ETHUSD so-called Shanghai upgrade, which is also referred to as the Shapella upgrade, was completed at around 6:27 p.m. Eastern time Wednesday. 

It…

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