WHY ETHEREUM IS DROPPING AFTER THE MERGE
Last week, the world’s second-largest blockchain successfully transitioned to Proof of Stake. The merge was designed to have a long-term impact, not a short-term one. But the merge didn’t fix high fees or congestion, it merely laid the groundwork for further infrastructure that could solve its problems in the years to come. Investors are worried about regulation and the possibility of the SEC labeling Ether a security.
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