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Now that the Merge is done and dusted, what will happen to Ethereum in the face of a worsening economic climate?

On the 15th of September, at 2.45 AM EST last Friday, Ethereum successfully transitioned into a Proof-of-Stake network. This transition to PoS, an idea that had been in the making since the very inception of the Ethereum network itself, had come to fruition. Despite the choppy price action leading up to the Merge, the actual event went off without a hitch, with the network successfully reaching finality after 12 minutes. Yet, as Ethereans the world over began to rejoice over the most significant crypto event of 2022, Ethereum’s rollercoaster ride has just begun.

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