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Ethereum: a healthy foundation, but dull price forecasts

From a fundamental point of view, the Ethereum network is in great shape. However, forecasts for the ETH exchange rate do not yet share this optimism It has already been 100 days since that momentous day when the entire Ethereum mainnet, as part of the long-awaited Merge update, moved from the extremely energy-consuming Proof-of-Work (PoW) mechanism to an energy-saving Proof-of-Stake (PoS) Ethereum: a healthy foundation, but dull price forecasts

Analysts Expect ETH to Decline Despite Strong Foundation

The fundamentals of Ethereum are strong, but analysts expect a further decline in the ETH rate. The Ethereum blockchain has been in the best shape since its launch. 100 days have passed since the transition from Proof-of-Work to Proof-of-Stake. Today, the circuit is protected by almost half a million validators, and energy consumption has decreased by 99%. There are almost 16 million ETH worth $ Analysts Expect ETH to Decline Despite Strong Foundation

ETH Discount to ETH reached 5% amid Binance Problems

The discount in the bETH/ETH trading pair reached 5%. Some members of the crypto community believe that the depreciation of the tokenized version of Ethereum on the blockchain of the Binance crypto exchange can be used for profitable purchase of coins As of the time of writing the news, the discount in the bETH/ETH trading pair is 5.08%. In mid-December, the indicator updated the local maximum ETH Discount to ETH reached 5% amid Binance Problems