• About
  • Contact
  • Privacy Policy
  • Terms and Conditions
Sunday, October 26, 2025
The VR Soldier
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases
No Result
View All Result
The VR Soldier
No Result
View All Result

Ethereum Merge Could Happen This Summer, Developers Reveal

Long-Awaited Ethereum 2.0 Merger Is Coming Soon

Martin Collier by Martin Collier
June 28, 2022
in News
Reading Time: 3 mins read
0
ethereum 2.0 merge
47
SHARES
Share on TwitterShare on Facebook

Recent reports indicate that the Ethereum 2.0 merger will be happening sometime this year, with many predicting an early merge in August. This comes even as the network struggles with low scalability and massive gas charges.

Merge Coming in The Summer

A few months ago, Tim Beiko, an Ethereum network developer, mentioned that the upcoming merge would not take place in June as planned but a few months after that. In late May, the network announced an impending launch of the Ropsten Merge. Tim Beiko tweeted that,

“Ethereum’s longest-lived PoW testnet is moving to Proof of Stake! A new beacon chain has been launched today, and The Merge is expected around June 8th on the network.” 

On June 9th, there were reports that the network completed a test merge, a step towards the full software update in the summer. Tim Beiko mentioned that, 

“I still feel like the (late) August-Nov range is roughly right. The speed of fixing bugs and number of new issues encountered is what makes it hard to predict. I think for it not to happen this year, you’d need a catastrophic event/failure/series of normal bugs.”

Indeed, the Ethereum 2.0 merge will happen sometime this year. However, in further updates on June 17th, Tim Beiko highlighted that “At block 15,050,000, the Ethereum network will undergo the Gray Glacier fork,” pushing back the difficulty bomb, “*hopefully* for the last time.”

The difficulty bomb is a system that should start making Ethereum mining hard, forcing miners to PoS, and once the bomb blasts, mining becomes impossible. The network has pushed the bomb back multiple times, but according to Tim Beiko, they hope this to be the last time.

Ethereum Price Action as the Merge Nears

While the merge is still a few months away, the Ethereum coin has not been faring well in the markets recently. At the moment, Ethereum is trading at $1222, a 0.83% drop from yesterday’s values. However, when looking at the 7-day price actions, ETH appears to be trading just about 5.6% above its value seven days ago. 

Ethereum 2.0 merge could probably shift the crypto winter tires for the better. However, with the merger delayed until the summer, the markets will likely remain uncertain for the foreseeable future.

Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any project.

Follow us on Twitter @thevrsoldier to stay updated with the latest Crypto, NFT, AI, and Metaverse news!

Image Source: kviztln/123RF

Tags: Ethereum
Previous Post

Top 5 Cybersecurity Crypto Coins Below $1 to Watch in 2022

Next Post

How to Buy BTC/Crypto With a Bank Card on KuCoin?

Related Posts

Bitcoin Steadies Near $110K Despite CPI Uptick, Signaling Market Maturity
News

Bitcoin Steadies Near $110K Despite CPI Uptick, Signaling Market Maturity

October 24, 2025
Featured

Cardano Slips After NIGHT Token Event

October 22, 2025
Binance Beats SEC—Crypto Cheers the Legal Victory
Featured

BNB Price Rises After Robinhood Listing

October 22, 2025
Featured

Trump Envoy in Senate Crypto Probe

October 22, 2025
Solana ETF With Built-In Staking Is About to Go Live , Here’s What It Means
Featured

Solana Treasury at Core of Mercer Cube

October 22, 2025
Featured

Fed Proposal May Free Crypto From Banks

October 22, 2025

Press Releases

Bitcoin Miners Outperform BTC by 500% as AI Integration Redefines the Sector
News

Bitcoin Miners Outperform BTC by 500% as AI Integration Redefines the Sector

by Jordan Avery
October 19, 2025

Bitcoin miners have outpaced BTC’s performance in 2025, recording gains of up to 500% as artificial intelligence (AI) reshapes the...

Read more
Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off

Bitcoin Falls as $100K Support Faces Pressure After Market Sell-Off

October 11, 2025
NFT Market Sees $129M Weekly Sales as BNB Chain Surges

NFT Market Sees $129M Weekly Sales as BNB Chain Surges

September 28, 2025
Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

Ethereum Can Outshine Google Says Vitalik Buterin – Here’s How

September 21, 2025
XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

XRP Aims for $4 as ETF Buzz Heats Up: Can the Hype Hold?

September 10, 2025
The VR Soldier

© 2024 The VR Soldier

Navigate Site

  • About
  • Contact
  • Privacy Policy
  • Terms and Conditions

Follow Us

No Result
View All Result
  • Featured
  • News
  • Education
  • NEAR Protocol
  • Solana
  • Fantom
  • Yield Farming
  • Reviews
  • Press Releases

© 2024 The VR Soldier