Ethereum 2.0 Upgrade: What Does it Mean for the Network?
Ethereum is making significant progress towards its 2.0 upgrade, which is expected to enhance the network's efficiency and security. The upgrade involves a shift from Proof-of-Work (PoW) to Proof-of-Stake (PoS) and the implementation of Sharding technology, aimed at improving scalability. ๐
As of now, Ethereum ($ETH ) is priced at $2,636.04, down by -3.42% from the previous close. The intraday high reached $2,772.38, and the intraday low is $2,608.86. ๐
The Ethereum 2.0 upgrade promises to boost network performance, making it a key development in the crypto space. ๐