It seems the ETH Merge is successful 🤔

in H4LAB Researchlast month (edited)

1000013612.jpg

Source: ultra sound money

The ETH(Ethereum) Merge is ETH 2.0 which aims to convert the algorithm from POW(Proof Of Work) to POS(Proof of Stake). It was proceeded more than 1.5 years ago. To see the current status and ETH price, it looks successful 👍

1000013627.jpg

Source: Binance exchange

The current ETH price is around $3.6k. Compared to 2021 ATH(All Time High), it's $1.2k left. I'm looking forward to that the ETH price will record a new ATH more than $10k this cycle.

1000013631.jpg

Source: Bloomberg Intelligence, SEC.gov

I think you guys forgot the spot ETH ETF(Exchange-Traded Fund)s. They've been waiting for decisions by the SEC(Securities Exchange and Commission). The final deadlines are from May to Aug. If they're approved, alt season will be coming

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