In a Could 30 tweet, Ethereum (ETH) core developer Tim Beiko confirmed that the much-anticipated Ropsten testnet trial of the Merge from proof-of-work to proof-of-stake will be anticipated “round June 8 or so.”

Apparently, Ether’s worth motion is comparatively unchanged regardless of the sudden bullish announcement. There was a +10% spike on Could 30, however these good points got again between Could 31 and June 2. It is extremely possible that the Merge — presently anticipated in August — has but to be priced in, giving merchants and buyers a attainable early entrant benefit.