The next major Ethereum upgrade is expected in March 2023

In March 2023, Ethereum developers aim to activate the next major network upgrade called "Shanghai".

This upgrade is considered to be extremely important as, among other things, immediately after its successful implementation it will be possible to unstake ETH that have become stakes after the Ethereum merger.

- Advertisement -

In addition, with the Shanghai upgrade, upgrades will also be made to the Ethereum Virtual Machine, which is the environment where Ethereum executes smart contracts.

And a second update

Ethereum developers have advised that they will also be moving forward with a second refresh sometime in the fall of 2023, which will address network scaling issues. This update (EIP 4844) will make Ethereum faster through sharding, a method that splits the network into “fragments” as a way to increase capacity and reduce fees.

What will happen next

Now that it’s now clear how Ethereum is proceeding with the Shanghai upgrade, its developers will work on testing the code. They will focus their efforts over the next month on making the Shanghai upgrade as smooth as possible and will aim to launch shadow forks on the network’s mainnet around mid to late January.

Previous Articles:

- Advertisement -

Latest News

Putin: 90% of BRICS Transactions Now Settled in Local Currencies

BRICS confirmed that 90% of all transactions among member countries are now settled in...

Bitcoin, Major Cryptos Jump as US Eyes Trade Deals Before Tariff Deadline

Major cryptocurrencies increased Sunday following comments from U.S. Treasury Secretary Scott Bessent about imminent...

XRP Poised for $5 Surge by 2027 After SEC Win and ETF Hopes

Ripple’s XRP token reached $2.23 in July 2025 after rising over 640% since July...

Bitcoin’s Anti-Establishment Days End as Wall Street Takes Over

Wall Street institutions now play a major role in the Bitcoin market, reducing its...

Must Read

7 Best Crypto To Invest In This Year

Investing in cryptocurrencies has become a popular way for people to diversify their investment portfolio and make potential profits.However, with so many cryptocurrencies available...