If you Google “Ethereum Merge” right now, you will see a page with search results and a dynamic table that shows the countdown, the current difficulty, and hash rate as well as the target difficulty required to start the merge. It is a very interesting development as it shows how interested users are in the event.
Ethereum merging with Beacon is a big deal
The whole crypto community is buzzing with news stories and discussions about the upcoming merge that will switch Ethereum’s consensus protocol to Proof-of-Stake. The shift is going to affect thousands of developers and millions of users. However, the ramifications are still unclear with many experts offering their takes on the issue.
Some think that the merger will cause a massive drop in ETH price which could reach, in the worst-case scenario, $400. On the other hand, many people are saying that the price will go up and break through the resistance level of $2000 that bulls hit in the middle of August.
Some companies are trying to capitalize on the uncertainty. For example, Cardano is preparing for its Vasil hard fork which was interpreted by many experts as a way to offer an alternative to Ethereum users who will be disappointed by the result of the merge.
Regardless of speculations, the interest from the community spilled over into the mainstream and caused a massive surge in search volume for “Ethereum merge” and related topics. Google left it without any comments and simply added the table directly to the search results page. However, this move just says how much interest this event is gathering.
It seems that Ethereum may indeed see a surge in price given how many new people may be interested in investing due to this exposure.
We need more events like the merge
Despite the crypto winter and a shaky situation in the global economy, big events like this merge still make prices spike! The interest from outsiders is palpable and it is certainly a very good thing for the whole crypto community!
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