Ethereum Merge Will Drive Crypto Asset Prices Higher, According to deVere Group CEO Nigel Green – Here’s Why

Ethereum Merge Will Drive Crypto Asset Prices Higher, According to deVere Group CEO Nigel Green – Here’s Why


The chief executive of financial advisory giant deVere Group says that Ethereum’s (ETH) recent transition to a proof-of-stake consensus mechanism should drive up the prices of crypto assets.

According to a new company blog post, deVere Group CEO Nigel Green says that ETH’s merge is a “landmark, historic moment” that will serve as a long-term catalyst for the digital assets industry.

“The years-in-the-making Merge, a network-wide, grand scale upgrade is here. This is [a] far-reaching overhaul of the most commercially important blockchain in the digital asset ecosystem is probably the most important, landmark event in crypto history, since the launch of Bitcoin.

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It transforms Ethereum from a proof-of-work to a proof-of-stake mechanism, which lowers transaction costs, enables the network to process more transactions in

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