According to Bank of America analysts, the rise in ether (ETH) price may lose momentum over time.
Ether will be especially popular with The Merge update that will take place on the ethereum blockchain. since mid-July gained value.
According to Bank of America analysts, this acceleration in ether price has increased with the approach of The Merge update. may lose power.
According to the Bank of America team, this is due to The Merge update’s problems with the ethereum blockchain. will not completely resolve to be. In the report prepared by Alkesh Shah, the following statements were made:
“Investors are likely to believe that the upcoming proof-of-stake update is on the Ethereum blockchain. will not address scaling and high transaction fees. He started noticing.”