![Ethereum’s [ETH] Merge talk investors shouldn’t miss out on](https://i.headtopics.com/images/2022/7/25/cryptoamb/ethereum-s-eth-merge-talk-investors-shouldn-t-miss-out-on-1551379970898919428.webp)
The news of the Ethereum Merge pumped up optimism on the network. However, ETH, at press time, was consolidating above $1600 as the Merge craze started easing coming into the weekend. In the current relief rally, ETH has outperformed the king coin by achieving a 19.07% increase in the last seven days. Now, the question […]
The news of the Ethereum Merge pumped up optimism on the network. However, ETH, at press time, was consolidating above $1600 as the Merge craze started easing coming into the weekend.
Investors saw a sharp rise over $1,600 after being exposed to dramatic lows below $1k in June. But the Merge release date around September has surely impacted the trajectory of the altcoin. Ether issuance is expected to drop by 90% after the Merge. In the wake of the EIP-1559 release last year, 80%- 85% of transaction fees are burnt.Currently, staking ETH produces yields at 3.9% which is expected to surge to 6% to 7%.
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