increase: Ethereum Merge: release date, delay, and price prediction

increase: Ethereum Merge: release date, delay, and price prediction

< Show Wisdom Collection: Ethereum Merge: release date, delay, and price predictionarticle avatarBrigitte Démocrite

Senior Analytics Manager

What is your general opinion about the Merge itself?

In December 2018, Vitalik Buterin stated that Blockchain with sharing based on Proof-of-Stake (PoS) will be thousands of times more efficient. This Merge will allow more non-financial business cases to utilize the blockchain because of the reduced cost to put the thing on chain.

How do you feel about the release date - is it going to be delayed?

As far as I know, there is no release date but an expectation that the release will be somewhere in Q2 2022. I am talking here about the merge itself, not the Shard chains one can expect at the end of 2023.

What is your price target for ETH after the merge?

After the Merge, I would expect the price of ETH to be around $9500. The usage of the Ethereum blockchain will increase as the lower fees will make the Ethereum blockchain more attractive for users to develop products.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

As a kind reminder, Arbitrum is a layer two solution designed to improve the capabilities of Ethereum smart contracts and address some shortcomings such as poor efficiency and high transaction costs. Although the Arbitrum mainnet launched end of August last year, I don't have the opportunity to use it so far, but I plan to use it in the nearly future as soon as it is easy to use with ETH-based NFT platforms

article avatarAndrey kitaets

interpreter

What is your general opinion about the Merge itself?

I think it's a great idea. Since the pos will lead to cheaper video cards, the throughput will increase and the network commissions will be much reduced.

How do you feel about the release date - is it going to be delayed?

Nobody knows the exact release date. I hope it will still be released on schedule, although there are doubts, as many network updates have been postponed.

What is your price target for ETH after the merge?

I think that after (The Merge), the price will not change much at first, but in the future, Ethereum will catch up and overtake Bitcoin in price.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Of course I use. Even on your site, including.))). And after (The Merge), I hope I will use L2 even more there will be more opportunities to use it.

article avatarIsaac Reiss

Aspirational Whale

What is your general opinion about the Merge itself?

i am very pleased to know that ETH is going to Proof of Stake. More importantly, the facts that ETH will see an increase to 100,000 transactions per second (TPS) is HUGE! this sets the stage for a new world in terms of smart contracts, nft's and fees.

How do you feel about the release date - is it going to be delayed?

I have seen a phasing in taking effect. Since there is so much involved involved with so many users, smart contracts, etc, i do expect a further delay to Q3 - into the summer and possibly even the fall.

What is your price target for ETH after the merge?

As the co-leader of the Crypto space and the leader of smart contracts, i am expecting a 6x on ETH. This of course will take time and be subject to regulatory developments. Short term, i am looking at new all-time highs and a price target of $7,726 by year end.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Since i am a coin holder and yield farmer, i have not yet used Arbitrum. I have added it to my Metamask wallet and am prepared to benefit from using it on Uniswap at this point.

article avatarGareth Farry

arts and music producer, cultural activator and disruptor, meditation adept.

What is your general opinion about the Merge itself?

It's exciting and potentially groundbreaking, and will create the secure web3 base layer. The Merge will also increase sustainability as the transactions will involve much less energy.

How do you feel about the release date - is it going to be delayed?

I don't know if Vitalik has set a firm Merge date as yet. Either way I think the Merge is generally on track to occur in Q2 or at the latest Q3.

What is your price target for ETH after the merge?

I would think the price would steadily increase once the Merge gets closer or significant milestones are hit. I would predict the price to be around $4500 USD at the Merge and tracking higher afterwards.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Arbitrum currently uses Ethereum base layer but executes in layer 2 via a bridge. I feel as though Arbitrum will become less of a utility once the Merge solves the energy use issue, so my answer is no.

article avatarNuman Polattimur

Psychologist

What is your general opinion about the Merge itself?

I love the idea. We are shifting from proof of work to proof of stake where random selected miners validate transactions. This will help the ecosystem to grow. It will be accessible to anyone as well.

How do you feel about the release date - is it going to be delayed?

I dont think the realise date will be delayed since ETH has been maybe the most trusted cryto project in the market and everything is planned according to the roadmap. We shall see how it goes.

What is your price target for ETH after the merge?

The price will increase with many more investors jumping on the train but we may see it bouncing back to the lower levels if the market behaves differently.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I haven't used L2 yet. Since I'm collecting and holding my WIS token I might just give it a try before the ETH price pumps because of the WIS price is mostly stable increase on ETH will cost me some profit lost.

article avatarBatang Riles Riles

Crypto & Happy

What is your general opinion about the Merge itself?

in my opinion the merge between the proof of work and proof of stake is a best combination for both miner and investor. the miner can now relax and just put their mine ethreum on staking platform and they will have a massive amount, and for the investor, they will also get a benifits from staking their bought eth and with almost equivalent but not equal to almost against the ethreum miner. the merge will give the ethreum 2.0 an increase of burns every transaction so the price could not get down from its supply.

How do you feel about the release date - is it going to be delayed?

its been years since they plan and execute them, there are more competition in the crypto market, im just a little worried about the delays because some people is not that patient when it comes to waiting.

What is your price target for ETH after the merge?

i think the best price from launch of merging of ethreum 2.0 is 6000 us dollar, it would be the base price after the btc bull run and eth bull run, next is launching of 2.o taht i think would be 6000 us dollars.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

yes im using it already its on my metamask wallet and i also have it on my binance wallet, layer 2 arbitrum we needs this because its so high and expensive when using the layer 1 eth gas price.

article avatarAshfaqudheen C M

Junior developer

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Ofcourse I'm using Arbitrum. it's become a popular venue for Ethereum users to complete their transactions. Abritrum is cheap and quick to use, and relays all transaction information back to the main Ethereum blockchain.

article avatarEdgar Martinez

Freelancer

What is your general opinion about the Merge itself?

I think that the great way Ethereum growing, because the current layer is too confusing and complicated for common people that wants interesting in ETH platform.

How do you feel about the release date - is it going to be delayed?

Well, I'm waiting that from half 2021, I hope the test will going well to permit the deployment on time. But the most interesting to me is the becoming of proof of stake en Ethereum network.

What is your price target for ETH after the merge?

I don't expected the price increase immediately after the launch of the update, I think the price would increase if the platform upgrade will as good as we expected I could predict after the first month the price would be up 5,000 is all going well with the upgrade.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

Well just now all transactions into the crypto market is running in L2 primely in toke exchange or liquidity, but in my case just know I prefer wait after merge launch.

article avatarMert Çarıkçı

Business Analyst

What is your general opinion about the Merge itself?

Even without the Ethereum merge happens in no time soon. Many Layer2 solutions did quite better than Layer1 Ethereum itself. The merge sounds like a bubble for me as Vitalik also commented NFTs like a bubble.

How do you feel about the release date - is it going to be delayed?

I'm pretty sure the delay does not mean anything for the layer2 maximalists. Many great projects evolved enormously. Any delay about the merge will reflect the layer2 project much better.

What is your price target for ETH after the merge?

I think it will decrease so bad with the BTC halving is getting every day. So, if we assume bull-run will get ETH back to $4K levels, the merge would only increase 10-12% percent from the bull market levels. Then with the market crash, I'm sure to see $1.9K prices levels again.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

I'm super to okay to use Arbitrum with or without the merge takes part. Low fees got me already. It is fast but takes lots of confirmations from the nodes for a transaction issue needs to be solved.

article avatarAfif Triyanto

Worker

What is your general opinion about the Merge itself?

I think it's the right move. Merging is a very good breakthrough or one might say a very smart choice. There is neither eth1 nor eth2. Indeed, from the start we all only knew 1 network, namely Ethereum. If eth1 and eth2 are not combined then I think eth1 users will be left behind or you could say their assets will die, if there is no conversion to the eth2 network with a 1:1 ratio. In terms of merging, I totally agree.

How do you feel about the release date - is it going to be delayed?

Well, I hope there are no delays in the release process of the merge. Because the sooner the better, it shows that Ethereum is very worthy of being the originator of merging 2 different networks. It is not inconceivable that a similar project will imitate this concept in the future.

What is your price target for ETH after the merge?

From year to year I see Ethereum price movements show a tremendous increase. And what I see now, Ethereum is able to survive above the turbulence of Bitcoin movement which is very difficult to analyze. However, I strongly believe that after this merger, Ethereum will touch the price of $5,000 which clearly shows that this merger is in great demand.

Are you using L2 (Arbitrum) already? If not, are you planning to do so after the Merge? Elaborate.

So far I haven't used the Arbitrum network. I still enjoy the previous network even though the gas cost is very expensive. But I hope that after this merger, Ethereum will lower the cost of the gas itself, transaction faster and better than other networks.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.

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