Ethereum’s (ETH) Shanghai Upgrade to Enable Withdrawals Set for April 12

Ethereum’s next major software upgrade, which could make crypto’s biggest commercial highway more attractive to investors and developers alike, will take place around April 12. 

Called Shanghai, it will let people who pledged their Ether tokens to order transactions on the Ethereum blockchain to withdraw them. Currently, some 17.5 million of such so-called staked Ether, worth about $29 billion at current prices, can’t be accessed on the network, although the coins do earn their owners a yield.