The Merge
It is reasonable to assume that Ethereum has recently been one of the most talked-about cryptocurrencies. The Proof-of-Stake consensus method will replace the Proof-of-Work (PoW) consensus mechanism in the blockchain project (PoS). The “The Merge” procedure, which is expected to be finished by the end of the summer, is seen as the first stage in the protocol’s future evolution.
The positive news around Ethereum increased the price of its native coin, Ether (ETH). It rose by almost 60% at one point in the previous ten days and, despite a minor retracement since then, hit a multi-month high of over $1,600. In light of this, an Australian comparison website researched how much investors believe ETH will be worth in the next years. By the end of the year, most participants predict that the token will reach $1,700. Its price is anticipated to exceed $5,000 in 2025 and climb as high as $15,000 in 2030.
The Statement by Joseph Raczynski
It’s important to note that almost 80% of...
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