Sentiment: Positive
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Post-Merge Ethereum: $4.9B in potential supply growth averted through Proof-of-Stake transition
By Arnold Kirimi at 2026-05-01 17:25
Sentiment: Positive
It has been 217 days since the Merge when Ethereum (ETH) shifted from the energy-intensive Proof-of-Work (PoW) consensus mechanism to the eco-friendly Proof-of-Stake (PoS) consensus mechanism. Since then, the cryptocurrency has seen a significant drop in its native token — burning 104,939.20 ETH which amounts to over $200 million in current market value. This decline […] The post Post-Merge Ethereum: $4.9B in potential supply growth averted through Proof-of-Stake transition appeared first on CryptoSlate. Continue reading...
Categories: DeFi
Tags: #DeFi #ethereum #Ethereum Merge #the merge
Source CryptoSlate