Ethereum (ETH) gained 12.76% over the past 24 hours, soaring past $1,200.
Ethereum’s bullish price movement can most likely be attributed to the successful testing of one of the last tests before the Merge by Ethereum core developers yesterday. The event itself is expected to happen in September.
The highly anticipated upgrade will transition Ethereum from a proof-of-work (PoW) blockchain network to a proof-of-stake (PoS) network. The upgrade is expected to improve the network’s…
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