Upcoming Shapella upgrade fuels liquid staking growth — AMA with Swell
With the upcoming Shapella upgrade, liquid staking derivatives are on the way to turn into the new Alaska gold fields. The liquid staking sector, with $16.68 billion in TVL, now surpasses DeFi lending and bridges as the second-largest crypto sector according to Defillama data. The upcoming Ethereum Shapella upgrade, scheduled for April 12, has fueled existing interest: Liquid staking tokens, along with Ether (ETH) itself, see an increase in value as the upgrade date approaches. The Shapella upgrade technically combines two major modifications: Shanghai, which brings changes to the execution layer, and Capella to the consensus layer. Among other improvements, both updates will allow ETH holders to retrieve their staked ETH and stake additional amounts of ETH without being tied to an indefinite lockup period, as is the case currently. As one of the consequences, experts expect mass adoption of staking and that Ethereum will remain the largest proof-of-stake network in terms of staked ca...