Ether Price Could 'Decouple' from Other Crypto Post Merge — Chainalysis

Sept 08,2022
KingData News: Crypto analytics firm Chainalysis has suggested that the price of Ether (ETH) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption. In a Sept. 7 report, Chainalysis explained that the upcoming Ethereum upgrade would introduce institutional investors to staking yields similar to certain instruments such as bonds and commodities, while also becoming much more eco-friendly. The report said ETH staking is expected to offer a 10-15% yield annually for stakers, therefore making ETH an “enticing bond alternative for institutional investors” considering that treasury bonds yields offer much less in comparison.
This indicator broadcasts the latest progress of ETH 2.0 and the data changes of ETH 2.0 pledge amount in time.
49,978Follow
86,537

Recommend

More