Ethereum: The Merge is coming – but the charts are going down

The upcoming upgrade The Merge of the cryptocurrency Ethereum has been the big hope in investor circles for weeks. Gradually, however, warning voices are rising.

Photo: Panthermedia.net/grafvision (YayMicro)

The crypto industry has only known about one topic for weeks: Ethereum (ETH) and the upcoming mega-upgrade called “The Merge.” It should be ready in a few days. But while some analysts expect a price explosion in the near term, warnings are now being raised. The event is therefore overrated – and can even have a negative impact on the price. Could Ethereum fail to live up to expectations with The Merge?

When is the Ethereum Merger?

According to Ethereum founder Vitalik Buterin, “The Merge” will take effect between September 10 and 20. Then Ethereum (ETH) switches from the previous Proof-of-Work (PoW) consensus model to Proof-of-Stake (PoS). This should make the network faster, more environmentally friendly and more secure.

Leave a Comment