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

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

< Show Wisdom Collection: Ethereum Merge: release date, delay, and price predictionarticle avatarFerry Setiana

Advertiser

What is your general opinion about the Merge itself?

Merge is mainnet with the beacon chain proof of stake system. This will mark the end of proof of work for Ethereum and the full transition. This is planned to precede the roll out of shard chains.

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

I feel is good for Ethereum to minimaize delayed transaction because developer are focusing their efforts on transaction, and minimizing additional features that could delay this goal.

What is your price target for ETH after the merge?

I am looking plans include a post merge " Cleanup" Upgrade to address these features, which is expected to happen very soon after the Merge Completed. My price prediction for ETH $5000 going to up.

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

I have started using L2 (Arbitrum) In metamask because it makes transactions very easy and low for gas fees. L2 Arbitrum for the future Ethereum transactions, like some crypto's have started using it.

article avatarargenis torres

DOCENTE

What is your general opinion about the Merge itself?

It seems to me a good option to combine or have them combined to form a single entity. And that Ethereum is a network of efficient use of energy based on Proof of Stake (PoS), or Proof of Participation. And in turn, it is made that Ethereum is much more decentralized and secure, also this change due to The Merge will not have any effect on the data layer in the Ethereum network. It will only be an update to the consensus layer, as Vitalik originally thought

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

the date and the changes that come after it seem tentative to me and a process that has a long course, so I think that for all this to happen, the process will be delayed a bit and later it will be consolidated

What is your price target for ETH after the merge?

For such an important and good update, the value of Etheum may exceed 15,000 at the beginning of 2023. There is a lot of confidence that this can be the case.

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

I am not using L2 (Arbitrum) yet but I will use it before the update to get the benefits it will bring to experience the infrastructure and DApps that are active in Arbitrum, I will do it in my trusted wallet like Web 3 like Metamask .

article 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 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 avatarHabibu Abdullahi

Developer Associate

What is your general opinion about the Merge itself?

Very optimistic that , the merge will brings a lot of benefits to ETH and cryptocurrency ecosystem in general. Firstly, the gas fee problem, due to the Proof of Work(PoW) mechanism in the current layer, I always looks for some other alternatives before using the Ethereum network. Secondly, the current challenges from the greener energy, mining creates a lot of damages to the environment.

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

Historically, most of the Ethereum roadmaps are delayed but I have a good feeling that this time will be difference, meaning it can happen even before the dateline.

What is your price target for ETH after the merge?

Normally, I do not like predicting price, but I believe the price can be between 7k-10k. In another words, the price could closed this year confidently closer to 10k.

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

I tired few times, I do not like the process, although it save gas fee and I think after the Merge I might no need it. Although the Ethereum networks growth will always generate the demand for other L2.

article avatarMwila Wise

General Manager @ Excoincial Exchange

What is your general opinion about the Merge itself?

The merge will make ETH environmental friendly because of moving away from proof of work to proof of stake. So the merge will do away with atleast 99.5% + energy required to mine it and will be welcomed and easy adopted in the EU region hence the growth in demand of the ETH coin.

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

The upgrade started a long time enough and only one step into having a staking currency by merging with beacon chain. It won't delay any longer.

What is your price target for ETH after the merge?

The price of ETH would run from the current $3500 to $10,000 then we will witness a correction and price stability after an uptrend long run around $6000.

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

I am already using L2 (Arbitrum) because it's cheaper and of course reliable than Eth mainnet. The building on Eth mainnet by dapps made the price of gas fees rampantly high thus the migration to layer 2 was worth it.

article avatarAmit Patil

nftjag.com | Co-Founder CEO @ WhiteCOde

What is your general opinion about the Merge itself?

It is a good decision, looking at the energy requirements for the Proof of Work. The delay is creating a lot of uncertainty in the market. But it will settle.

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

I think the chances of it getting delayed are high, looking at the complexity of the existing network. Stability is a major concern rather than timely release.

What is your price target for ETH after the merge?

The merge will give a good boost to the Ethereum community. Existing miners will hold as much as possible ETH for staking creating a market scarcity and end result as a higher ETH price. I think it can rise by 40% to its current price.

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

No, not using L2 Arbitrum right now. But it seems like n interesting implementation reducing transaction costs for the Dapps will certainly make use of it after Merge.

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.

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

Experience Experty at its fullest

Join to unleash the power of crypto wisdom and never feel FOMO again.

Sign up