It should cause two small changes when the long-awaited The Merge (the merger) will be deployed in a few months on the Ethereum network.
The Shadow Fork 9 update predates the merger, considered a major step in the evolution of blockchain. The merger will notably move the current proof-of-work (PoW) validations to a proof-of-stake (PoS). For many analysts, this change should revive interest in ETH and support prices. The Merge is expected to arrive in the third or fourth quarter of 2022. The process is in its final stages, and the plan is to run the merger through a few public testnets before moving to the mainnet.
Price forecast and prediction
The ETH token has lost value in recent weeks, even briefly dropping below $1,000. Wallet Investor considers the token a good investment and the price prediction for 2027 is $9800.660. Investing in the token today could therefore pay off big in a few years.
As a reminder, Ethereum is the second most capitalized digital currency behind Bitcoin. The ETH ecosystem is worth more than $143 billion according to Coincko data. Its all-time high dates back to November 10, 2021, when the token hit $4,878.26.