Ethereum Merge may lessen usage for other chains, says Nansen CEO: KBW 2022

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Cointelegraph’s Brian Newar spoke with Alex Svanevik, the CEO of blockchain data firm Nansen at the Korea Blockchain Week (KBW) 2022 held in Seoul and discussed topics like the upcoming Ethereum (ETH) Merge and how it will affect other blockchains. According to Svanevik, the industry witnessed a spillover effect in the last bull run. He said that in trading nonfungible tokens (NFTs), newcomers in the blockchain space didn’t want to pay hefty transaction fees of up to $100 to ...

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