{"id":525909,"date":"2023-04-06T17:32:38","date_gmt":"2023-04-06T17:32:38","guid":{"rendered":"https:\/\/wncen.com\/?p=525909"},"modified":"2023-04-06T17:32:38","modified_gmt":"2023-04-06T17:32:38","slug":"ethereum-shapella-upgrade-expected-to-boost-liquid-staking-protocols","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/ethereum\/ethereum-shapella-upgrade-expected-to-boost-liquid-staking-protocols\/","title":{"rendered":"Ethereum Shapella Upgrade Expected To Boost Liquid Staking Protocols"},"content":{"rendered":"

In decentralized finance (DeFi), Ethereum (ETH) liquid staking has become a significant market valued at over $15 billion. This market is set to see a significant boost with the upcoming Shapella upgrade, which is expected to unlock the entire liquid staking market in less than a week, according<\/a> to DeFi researcher Thor Hartvigsen.<\/p>\n

Liquid staking allows users to earn staking rewards while maintaining the flexibility to use their stakes assets for other purposes. It\u2019s a win-win situation for both the protocol and the user, as it helps to secure Ethereum\u2019s network while generating additional revenue for the user. With this said, what protocols are better positioned to benefit from the next Ethereum Shapella upgrade?<\/span><\/p>\n

Related Reading: Can Dogecoin Rally Further? Here\u2019s What On-Chain-Data Says<\/a><\/div>\n

3 Protocols To Watch Ahead Of Ethereum Shapella Upgrade<\/b><\/h2>\n

Liquid staking has become an increasingly popular way for investors to earn rewards on their Ethereum holdings while maintaining flexibility in their usage. According to Hartvigsen, since the start of the year, the total amount of ETH staked via liquid staking has increased by a significant 21%, from 6.8 million to over 8 million ETH.\u00a0<\/span><\/p>\n

However, despite the benefits of liquid staking, there has been a lingering concern among investors regarding the risk of being unable to unstaked or redeem their liquid-staked assets at their true value. Fortunately, the upcoming Shapella upgrade is set to address these issues.\u00a0<\/span><\/p>\n

According to Hartvigsen, few protocols have gained market share and are well positioned to continue the increasing trend of liquid staking post-Shapella. These protocols include:<\/span><\/p>\n