Ethereum Merge Is One: Here Are The Highlights So Far
NewsBTC
16 Sep 2023 9:56 AM
It has been a year since the Merge took place, and as expected, the world’s second largest cryptocurrency, Ethereum, has experienced many changes since...
- 980,000 ETH have been burned since Ethereum transitioned to proof-of-stake.
- The London hard fork introduced a fee-burning mechanism, making Ether deflationary.
- Ethereum supply is down by 0.25% since the Merge.
- Over 11.6 million ETH has been staked to secure the network.
- Top stakers include Lido DAO, Coinbase, Binance, and Kraken.
- 362,000 new validators have joined the network since the Merge.
- Ethereum's price has increased by close to 11% from a year ago.
- ETH's annual inflation rate has decreased since the Merge.
- Trading activity on Ethereum's layer-2 chains has increased significantly.
- Traditional financial institutions are taking an interest in ETH.
The article provides a positive outlook on Ethereum's changes since the Merge, highlighting decreased inflation, increased trading activity, and interest from traditional financial institutions.
You May Ask
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