ETH Price Set to Break Out After Consolidation, Bulls in Control?
2022.05.23 22:46
ETH Price Set to Break Out After Consolidation, Bulls in Control?
- The Ethereum fork may be delayed.
- Vitalik Buterin is aiming to complete the merge in August.
- Ethereum price may surge to $2,800, according to analysts.
Vitalik Buterin, the co-founder of Ethereum, warned that a change in plans may cause the project to be delayed. The huge difficult bomb has been put off, and the project is likely to be delayed further. By August 2022, Buterin’s new road map indicates that he will have finished the merge.
At the Shanghai Web 3.0 Developer Summit, Buterin said that the Ethereum Merge could take place in early August 2022. Vitalik Buterin is confident that the proof-of-stake (PoS) switch will be completed on time. However, he stated that if difficulties arise in the testnet implementation, the launch may be delayed.
The Ethereum Merge may be put off if problems develop and developers discover issues that need to be fixed. The delay, according to Buterin, might push the Merge back to September or October 2022. This news comes as a relief to those concer …
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