Ethereum (ETH)'s highly anticipated Shanghai Upgrade is raising dust in the crypto space. Even JP Morgan has started supporting Ethereum (ETH) and Bitcoin (BTC) post-Shanghai Upgrade, meaning a brighter future for both coins. But, it's not just the established players benefitting from the growing interest in cryptocurrencies.
Newcomer TMS Network (TMSN), a decentralized trading hub, is also getting in on the action. The protocol is in presale, offering every investor an opportunity to trade their favorite assets. Read on to learn how Ethereum (ETH), Bitcoin (BTC), and TMS Network (TMSN) could benefit from the interest.
Ethereum (ETH)'s Shanghai Upgrade Attracts New Validators and Investors
Ethereum (ETH) is implementing yet another major development in the next few days. Dubbed the Shanghai Upgrade, the hard fork will allow Ethereum (ETH) investors and validators to safely unlock their staked assets. The Shanghai Upgrade has been generating much buzz lately because it can potentially shoot Ethereum (ETH)'s value over the roof and bring more investors.
Since it was announced, JP Morgan has expressed great optimism about the upgrade. The Shanghai Upgrade will undoubtedly bring more capital and demand to Ethereum (ETH). Currently, the number of Ethereum (ETH) validators has hit 500,000, and JP Morgan speculates that this number could rise by 440%, to 2.2 million post-Shanghai Upgrade. The upgrade will also cut off the 32 ETH requirement for validators, paving the way for small investors to participate in its network.
Bitcoin (BTC) Breaks 6-Month-High Ahead of Ethereum (ETH)'s Shanghai Upgrade
Historically, Bitcoin (BTC) and Ethereum (ETH)'s demand has always been complementing each other. While the upcoming Shanghai Upgrade will have a rippling effect on cryptocurrencies' prices, Bitcoin (BTC) will surely benefit from it. Experts have speculated Ethereum (ETH)'s price will rise by at least 32% to $2500 post-upgrade. The resultant effect will put Bitcoin (BTC) above a 9-month high at $32,000.
So far this year, Bitcoin (BTC) has seen a lot of sentiments already. From massive adoption to growing utility with NFTs, skyrocketing on-chain activities, and rising TVL value, it's unsurprising to see JP Morgan optimistic about their development. Bitcoin (BTC) has grown by more than 45% this year and has broken 6-month high at $24,000.
TMS Network (TMSN) Decentralizes Trading, Presale Up by 1500%
TMS Network (TMSN) is an all-in-one Ethereum (ETH)-based trading platform that has quickly become one of the space's most popular and innovative exchanges. One of the key features of TMS Network (TMSN) is its focus on offering a wide range of trading products. In addition to Cryptocurrency trading, the platform provides support for derivatives like CFDs, ETFs, Stocks, and Forex.
TMS Network (TMSN) has also made a name for itself by recognizing the actual needs of its users. The exchange has a robust API and offers a variety of tools for traders of any level to customize their trading experience. The platform offers auto-trading tools, AI backend, trading terminals, on-chain and real-time price data, advanced analytical tools, and indicators. It also has advanced backtesting and strategy testing tools for traders to build and access trading strategies and manage their risk more efficiently.
Furthermore, TMS Network (TMSN)'s decentralization gives users ultimate power over their assets and trading decisions. Since it is based on blockchain, trading execution, withdrawals, and deposits are faster, more seamless, better, and more appealing than traditional platforms. On top of this, TMS Network (TMSN) is an ingenious and user-friendly exchange that has quickly become a sensational development in trading.
Investors are flocking to TMS Network (TMSN)'s presale, and with the new Shanghai Upgrade, it will see raised demand and improved trading experience. TMS Network (TMSN) is still in early presale with more than $2 million raised in its seed funding. Currently, the token is still trading at $0.0047 as experts revealed its long-term value might peak at $1 in the long term. Make sure to join the TMS Network (TMSN) presale today to examine this crypto gem further.