Ethereum (ETH) is heading towards what is to be said the most significant upgrade in the history of the cryptocurrency industry. As per the schedule, the major upgrade will happen around 6:30 am on Sept 15.
According to Ethereum, the merge is taking place with extensive testing and bug bounties in order to ensure a safe transition to proof of stake.
Ethereum Merge Officially completed
The Ethereum (ETH) merge was officially completed, and the merge progress reached 100%. The current block height is 15537393.
What is Ethereum Merge?
Binance ERC-20 deposits and withdrawals halted
Deposits and withdrawals for the Ethereum network (ERC-20) will be suspended one hour before the Merge happens. At the time of the announcement, Terminal Total Difficulty Value stands at 58750000000000000000000.
Ethereum Price
On the market side, before the Ethereum Merge, ETH is trading at an average price of $1611, at the press time.