Tag: ethereum the merge

It has been one year since Ethereum successfully implemented The Merge upgrade, marking a significant milestone for the entire Ethereum ecosystem and the broader crypto industry. Now, as we reflect on this historic day one year later, what accomplishments has Ethereum achieved after The Merge?

Since Ethereum's London hard fork 21 months ago, the network has seen the elimination of more than 3.33 million Ether, amounting to $6.1 billion. Currently, about 3.51 ether is burned every minute. The Opensea platform has emerged as a significant player in the burn process since August 5, 2021, ranking just below traditional ETH transfers, with a contribution of 230,050 ETH burned.

Cryptory.net - The Ethereum blockchain is giving traders great concerns as gas fees continue to soar.

As the second-largest cryptocurrency by market capitalization and a crucial component of the decentralized finance (DeFi) and non-fungible token (NFT) ecosystems, Ethereum holds significant importance. Hence, it is relevant to examine the Ethereum price predictions for 2023 as presented by distinguished analysts.

Ether has experienced a price surge of almost 10% following the Shapella hard fork on April 12th.

The much-anticipated Shanghai upgrade of Ethereum has set a rollout date for April 12.

Cryptory.net - Ethereum set a new milestone with 3 million ETH burned after 1.5 years of implementing EIP-1559.

The much-anticipated Shanghai upgrade of Ethereum that allows withdrawals of ETH staking has been scheduled for April 2023.

A recent analysis from Binance Research found that a notable handful of ETH holders who have staked their ETH in Ethereum's Beacon Chain over the past three years are profitable, while the rest are losing money.