Could Ethereum’s Merge Disrupt Crypto Trading?

Crypto markets that are linked to Ethereum could face disruption as the blockchain network behind the cryptocurrency nears the end of a key upgrade that is widely viewed as critical.

The final stage of Ethereum’s merge is now about a week away. Expected to finish around September 15. The merge will change the mechanics of processing transactions from the current proof of work system to a method based on proof of stake, designed to be far less energy intensive. Among other updates, it will eliminate mining Ether tokens.

The Ethereum Merge is one of the most anticipated events in the crypto space this year. Because of this, crypto firms are on the lookout for any hiccups that may occur as the newly upgraded Ethereum network comes to life.

Apart from checking all the boxes on standard company preparations ahead of big events, the most important thing is to pay close attention to what might happen and make sure that their services are working.

The merge is also expected to bring about a chance for high volatility. So, investors have to make sure that the services provided by crypt firms are up and running. Up till now, markets do not expect any major disruptions outside of volatility.