{"id":579282,"date":"2022-11-02T16:28:27","date_gmt":"2022-11-02T16:28:27","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=579282"},"modified":"2022-11-02T16:37:04","modified_gmt":"2022-11-02T16:37:04","slug":"ethereums-shanghai-upgrade-will-play-a-crucial-role-in-determining-eths-price","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ethereums-shanghai-upgrade-will-play-a-crucial-role-in-determining-eths-price\/","title":{"rendered":"Ethereum’s Shanghai Upgrade Will Play A Crucial Role In Determining ETH’s Price"},"content":{"rendered":"\n
Ethereum is all set to undergo another crucial upgrade<\/a> dubbed “Shanghai,” which will play an elemental role in determining its price in the long run.<\/p>\n\n\n\n A recent meeting chaired by the Ethereum Foundation’s Tim Beiko along with other developers concerning the upcoming Shanghai upgrade has led the crypto proponents to dissect the upcoming Shanghai upgrade.<\/p>\n\n\n\n The upgrade will reportedly address Ethereum’s scalability issues while also helping the blockchain fix its notorious gas prices, which have plagued the network since its inception in 2015.<\/p>\n\n\n\n Ethereum Shanghai Upgrade: What’s Happening?<\/strong><\/p>\n\n\n\n Last week, a Zoom meeting<\/a> was convened by Tim Beiko and his team of lead developers to go through the planned Shanghai upgrade.<\/p>\n\n\n\n