Ethereum Merges On The Kiln Testnet, The Final Public One Before Transitioning To PoS

Ethereum is making headlines a lot these days and it’s not only because of its price. Despite the market corrections, there are multiple optimistic predicitons about the price of ETH.

At the moment of writing this article, ETH is trading in the green and the coin is priced at $2,756.

Now, something else is putting ETH in the spotlight and you can see the achievement that the project managed to mark in the tweet below.

#Ethereum has merged on the Kiln testnet, the final public testnet before its transition to proof-of-stake.

“Is this bad news bears for other chains that have been branded as Ethereum killers?” @JennSanasie asks.

Watch “The Hash,” presented by @turbotax: https://t.co/edbIP9tZ3h pic.twitter.com/vT8AQyTQdd

— CoinDesk (@CoinDesk) March 16, 2022

A follower hopped in the comments and said this: “Ethereum needs upgrade to perform at the same level as many of the existing coins. Why invest on a risky upgrade that may fail when there are other tokens that have already perfected the same numbers for years? Imagine if Ethereum 2.0 fails, then $ETH will end up like $ADA.”

There are all kinds of optimistic price predictions surrounding ETH and we also addressed one not too long ago.

Now it’s been revealed that an important crypto analyst is expecting to see ETH surge in price during March.

According to the latest reports, the crypto strategist Justin Bennett believes that Ethereum (ETH) is gearing up for a breakout this month.

In a new strategy session, he explained the fact that Ethereum is facing a diagonal resistance that has kept the market in a downtrend for about four months.

“We have a trendline that extends from the November high. Ever since this time, Ethereum has carved lower highs. It has not been able to carve a higher high ever since late last year.”

Stay tuned for more news and make sure to keep your eyes on the market.