Ether hits its highest price in 2 months following the successful Merge on its Goerli testnet

Ether hits its highest price in 2 months following the successful Merge on its Goerli testnet kitconews gold silver finance metals investing economics mining

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Data from TradingView shows that the price action for Ether began to pick up in the early hours on Thursday after the Goerli Merge was announced, spiking 14% from $1,700 to an intraday high of $1,945 before pulling back to its new support level at $1,900.Goerli was the last remaining test scheduled to undergo the Merge following the successful integration on the Ropsten and Sepolia testnets earlier in the year.Next up is the Ethereum mainnet!!— sassal.

According to the Ethereum website, after the Merge is complete, the project will focus on a multi-phased sharding upgrade that will significantly enhance the"distribution of data storage requirements, enabling rollups to be even cheaper, and making nodes easier to operate." "Ethereum's got a little bit more juice to the top of its range. If it takes out $2,200 it could go higher. That's got a real story. But I don't see you know the mania that we saw in 2021 or 2017 reigniting," Novogratz stated.

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