The stability of ETH, the second-largest cryptocurrency, is being supported at $1,500, but analysts believe a recovery may not happen before the scheduled Shanghai hard fork. At the time of writing, Ethereum’s price is at $1,555 with a -1% change in 24 hours. Investors who locked their ETH in the Beacon Chain smart contract to help the network transition to a proof-of-stake consensus algorithm are expected to withdraw their tokens when the hard fork comes in early April. Analysts are divided on the upgrade’s impact, with some predicting a price increase to above $2,000 and others a further drop as stakers gain access to their ETH and sell.
