Everyone’s talking about the Ethereum Merge: New report reveals the most interested countries
A new report released from CoinGecko uncovered the places around the world most interested in the upcoming Ethereum Merge.
The data found Singapore as the country most interested and by a large margin at that. Singapore scored 377, which is nearly 100 points higher than the second place nations, Switzerland and Canada, both tied at 286 points. Germany, the United States and the Netherlands filled out the remaining top five spots.
Scores were determined through an analysis of the frequency of ten search terms and then combined for the overall ranking. These terms included "Ethereum Merge," "ETH Merge" and "Ethereum PoW," among others.
Certain terms had particular potency in Singapore such as "Ethereum Merge," "ETH Classic" and "Ethereum." In Switzerland, users searched for "ETH alone more than anywhere else in the world.
Related: Will the Ethereum Merge crash or revive the crypto market? | Find out now on The Market Report
Bobby Ong, chief operati and co-founder of CoinGecko, elaborated on the results, saying global anticipation is at an all-time high with the Merge expected in less than a week. Developers claim it will take place between Sep. 13 and 15.
When the Merge of the Ethereum network from proof-of-work (PoW) to proof-of-stake (PoS) occurs, it wi “effects will ripple throughout the entire cryptocurrency ecosystem,” says Ong.
As the world waits for the Merge the community on Crypto Twitter is active with expectations. Some claim high hopes for the Ethereum community:
The Ethereum merge will reduce energy consumption by 99.9%The major problem that halted Bitcoin institutional adoption was energy consumptionETH institutional adoption is about to sky rocket in 2023
While others anticipate immediate repercussions for
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