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