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Ethereum: Ahead of the Altair update, here’s where the nodes are
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These are good times for Ethereum, with the altcoin recording a market cap of over $500 billion for the first time this month. In fact, ETH breached its resistance levels on the charts very recently, hitting a new ATH of $4,361 in the process. Is there any way to explain this hike?
Well, there were many factors at play. However, it is also because the main network is getting closer to the new Altair network. Following the same, Ethereum users and developers will be gearing up for the long-awaited “Merge” in late 2021 or early 2022. Just recently, it burned more than 600,000 ETH due to its EIP update in place.
Of late, different ETH developers (including the Chief Executive) have shared and broadcasted some updates about theMerge. Here’s one,
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