It’s simple to assume that launching Shanghai in the midst of a bear market may harm the staking ecosystem. Stakers, skittish concerning the macro outlook of crypto in 2023, could select to withdraw their ETH, protecting their belongings liquid in case of extra market turmoil. Cautious of regulatory actions in opposition to staking suppliers, new stakers could not rush to deposit funds the identical as in the course of the frenzy of a bull market.
