Your existing ETH tokens will be transferable to the Ethereum 2 chain. The legacy proof-of-work Ethereum chain will continue alongside the new Ethereum 2 chain initially. At a later phase (1.5) the legacy chain will be incorporated into the Ethereum 2 blockchain as a shard.
Users and holders
ETH is just ETH. There is no such thing as "old ETH"/"new ETH" or "ETH1"/"ETH2" and wallets work exactly the same after The Merge as they did before—people telling you otherwise are likely scammers.
Ethereum functionality very well goes with NFTs, DApps, DeFi, smart contracts and the list keeps growing every year. As long as the Ethereum network keeps becoming stronger and the team continues to develop innovative features, ETH and its investors will likely continue to grow and prosper now and years to come.
Increasing demand: By reducing the total supply of ETH, the coin burn mechanism can increase the demand for ETH, as fewer tokens will be available to purchase. This could likely increase the value of ETH and make it more attractive to investors.
ETH price around The Merge
After the news of The Merge's completion, the coin price went up, meaning that on 15 September it was trading at around $1,640. In the 24 hours after that, though, the price dropped sharply, and on 16 September 2022, it was worth about $1,450.
Ether's returns were just as much in line with its closest challengers around the introduction of staking contracts, the crucial Istanbul update in December 2019, and many other platform upgrades. So you shouldn't expect Ether prices to skyrocket on the day of the Merge.
It's hit and miss, and not something over which you should lose any sleep. So it shouldn't matter whether you get going before or after The Merge, but you will probably be better off the earlier you get started.
As with all investments, the value of ethereum can rise as well as fall. While it is unlikely that ethereum will suffer a complete loss of value, investors must be prepared to suffer drawdowns of between 50% and 80%.
No, crypto coins cannot go below zero. If crypto goes negative, it will mean that the coin's value has dropped so low that it is no longer worth anything.
The fall in value can happen due to various reasons, such as a lack of adoption, security vulnerabilities, regulatory issues, or the asset simply going out of favor with investors. If the cryptocurrency price reaches zero, holders of that crypto lose their investment and cannot sell their tokens or coins for any value.
Can Ethereum Crash to Zero? Many experts have shared their views on just how low Ethereum can realistically get, but few have gone so far as to predict a crash to zero. It's important to note here that Ethereum losing the entirety of its value is highly unlikely, and the same goes for other popular coins like Bitcoin.
According to a projection by VanEck, the Ethereum (ETH) price could skyrocket to $51,000 by 2030 if there's another crypto bull market. The prediction is based on Ethereum (ETH) becoming accepted across various industry sectors, such as finance, healthcare, and insurance.
In 2040, we can expect an average price of Ethereum (ETH) around $23,000 – $25,000, depending on market trends. More positive forecasts predict Ether's coin to be around $40,000.
The short answer? You do not have to do anything as an ETH owner to prepare your wallet or your tokens for the Merge. The Merge will actually mean no change for your tokens. Before we go into more details about the (non) effects of the Merge on your ETH, let's briefly dive into what the Merge is.
What happens to my old ETH tokens when Ethereum 2 is launched? Your existing ETH tokens will be transferable to the Ethereum 2 chain. The legacy proof-of-work Ethereum chain will continue alongside the new Ethereum 2 chain initially.
Forks are usually agreed upon ahead of time so that clients adopt the changes in unison and the fork with the upgrades becomes the main chain. However, in rare cases, disagreements over forks can cause the network to permanently split – most notably the creation of Ethereum Classic with the DAO fork.
Crypto is notoriously volatile, and Ethereum is no exception. Don't invest anything you can't afford to lose, be sure you're willing to keep your money invested for at least a few years, and prepare for more volatility in the near term. Also, it's wise to ensure that the rest of your portfolio is well diversified.
Conclusion: Yes, Ethereum Can Reach $100K
The main reasons behind this are the increasing use of Ethereum in the world of digital bonds, real estate, and government and central bank usage of the blockchain network on a state level.
does not offer advisory or brokerage services, nor does it recommend or advise investors to buy or sell particular stocks, securities or other investments. Ether (ETH), the native token on the blockchain network Ethereum and the second-largest cryptocurrency by market cap, is a risky and volatile investment.
Bitcoin is the more established and mainstream of the two, which makes ETH just a touch riskier. As with most investments, it's possible Ethereum's higher risk brings with it potential for higher rewards.
ETH price has seen massive rallies of nearly 8200% and 600% during the bull runs of 2017 and 2021, respectively. While the $10,000 mark isn't impossible for the Ethereum price, which is a near 500% or a 6x rally – it is nearly impossible to attain that number within 2023 itself.
Ethereum, however, has an infinite supply. In January 2021, there were 113.5 million tokens in circulation. As of April 2022, there are roughly 120 million. There are some predictions that after shifting the Ethereum process from PoW to PoS, the supply of Ethereum may be reduced.
money, nearly 650,000 ETH has been burned since the merge. In the same time span, just under 424,000 new ETH have been minted. The result is a net supply change of around -226,000 ETH. As a percentage of the total supply, the numbers represent a decrease of 0.213% or 0.285% annualized.
“ETH 2” simply refers to the new PoS blockchain that went live as Ethereum's main blockchain network after the merge.
“Many believe that the Merge might make Ethereum faster or cheaper. This is not the case. For end users or developers there should be no noticeable difference between Ethereum before and after the Merge,” Will Harborne, founder and CEO of the rhino.fi protocol, told CoinDesk.