According to BanklessTimes.com, Ethereum’s dominance in the crypto market is up 20% following the Merge.
Speaking on the data, BanklessTimes CEO Jonathan Merry said, “Ethereum dominance is rising as we expected. The environmentally friendly approach it took identifies well with crypto users. Besides, more people are adopting Ethereum than Bitcoin due to the Merge. The pace is set, and Ethereum will continue to rise. This is the ideal time to invest in this cryptocurrency because it is already showing bullish signals.”
Currently, the blockchain is preparing for the Shanghai upgrade. Ethereum anticipates going through the “Surge,” “Verge,” and “Purge” after the Shanghai upgrade.
Some have said that Ethereum will one day take Bitcoin’s place in market capitalization, an event referred to as “the Flippening.” Could the Merge be what causes this much-anticipated switch? The full story and statistics can be found here: Ethereum’s Dominance in the Crypto Market Is up 20% Following the Merge (https://www.banklesstimes.com/news/2022/10/26/ethereums-dominance-in-the-crypto-market-is-up-20percent-following-the-merge/).