Here is why strong post-Merge fundamentals could benefit Ethereum price

[Google News Bot]

The shift of the Ethereum (ETH) blockchain to a proof-of-stake (PoS) protocol opened new opportunities for developers and investors to explore, including the burning of Ether. Now, Ethereum PoS transactions are validated through staking rather than mining. Staking impacts the supply and price dynamics of Ether in ways that are different from mining. Staking is expected to create deflationary pressure on Ether as opposed to mining that induces inflationary pressure. The increase in the total amount of funds locked in Ethereum contracts could also push its price up in the long term. This ...

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