Here's one major upgrade on ETH network post-Merge according to Glassnode EthereumMerge Blockchain ETHnetwork Crypto PoW PoS
As the ETH price fell to its lowest point since late July on Sept. 18, investor enthusiasm surrounding last week's Merge update appeared to be long gone.
Ethereum, the second largest cryptocurrency by market capitalization, was most recently trading at $1,309, a loss of 8.70% in the last 24 hours that carried over from the previous three days after the Merge. Thus, Ethereum decreased by 25.14% over the previous week.ETH began trading easily over $1,700 last week as there were great hopes for the Ethereum Merge update. However, it may take some time before the Merge's full effects become clear.
The majority of altcoins and Ethereum tumbled as investors weighed the possibility of another 75-basis-point hike from the Fed. The two-day meeting of the Fed is scheduled to start on Tuesday, and most market participants anticipate another 75-basis-point increase by the Fed. The Fed could raise interest rates by one full point, or 100 basis points, according to some economists.
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