One Year After the Merge: Where Does Ethereum Stand?

The crypto zeitgeist evolves so quickly that Ethereum’s so-called merge feels like forever ago. But it’s been exactly one year since the network fully transitioned to using proof of stake and there have been notable shifts since the change. In terms of Ethereum’s price, not much may appear to have changed since last September. A day before the transition took place, ETH traded hands at around $1,600—approximately the same price it’s trading at a year later. However, under the hood and on-chain,...