Ethereum saw a price rally and extended its rally into the weekend, breaking $2.000 for the first time since May.
While several cryptocurrencies have benefited from the market jump, ETH has outperformed many assets thanks to growing anticipation for its “Merge” event. Ethereum developers have set a tentative mid-September release date for “the Merge” this week.
According to a data over $150 million worth of Ethereum stakes have been settled in the last 24 hours. And 13,2 million ETH was staked on Ethereum 2.0, a new all-time high for the metric, according to data beaconscan.
Ethereum is expected to complete its long-delayed upgrade to Proof-of-Stake in the coming weeks, in what has been described as one of the biggest cryptocurrency events in cryptocurrency history.
The crypto community starts strong speculation around the price for ETH after the long-awaited “Merge”.
@TheCryptoLark said:
Will #ethereum reach $3.000 by the time of the merger on September 19?
Will #ethereum get to $3,000 by the time of The Merge on September 19th?
No Maybe YES!!!
👇 👇- Lark Davis (@TheCryptoLark) August 13
@rovercrc said:
Do you think #Ethereum will hit $5.000 in 2022?
Do you think #Ethereum will hit $5,000 in 2022?
NO YES
🇧🇷- Crypto Rover (@rovercrc) August 12
