Ethereum's Mainnet Shadow Fork 10 Goes Live in Preparation for the Merge

As The Merge draws nearer, the Ethereum team has not relented in deploying preparatory upgrades and testnets. Barely two weeks after the Shadow Fork 9 went live, the Ethereum development team deployed the tenth shadow fork on the mainnet.

Timeline of Ethereum

The Ethereum network recorded a spike in active addresses early in the week. The surge has baffled on-chain analysts, with opinions being split on whether it is a positive or a negative sign.

The Solana (SOL) Foundation has opened its first physical store in New York City called Solana Spaces NYC. The Ethereum (ETH) competitor claims it is “the world's first retail and educational space dedicated to Web3.” The Solana Foundation says the store is devoted to blockchain newcomers.

What happened: On Thursday a total of 2,023.98 Ether (CRYPTO: ETH) worth $3,416,744, based on the current value of Ethereum at time of publication ($1,688.13), was burned from Ethereum transactions. Burning is when a coin or token is sent to an unusable wallet to remove it from circulation.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer's opinion. Over the last two days, Ethereum [ETH] recouped its bullish forces after witnessing a morning star candlestick setup from its 200 EMA (green).

The price of the leading altcoin, Ethereum [ETH], traded above $1,770 during the intraday trading session on 28 July. The last time that the altcoin reached this price was on 10 June.

Leading smart contract platform Ethereum (ETH) is moving one step closer to its long-awaiting transition to operating via proof-of-stake (PoS). A new post on the Ethereum Foundation blog is alerting users of all stripes on what to expect in the coming days as a new stage of ETH 2.

Ethereum moves towards $1800 as the bulls are taking over the markets after the new increase of $1700 level and showing more positive signs to continue the movement so let's read more today in our latest Ethereum news.

Miami City will launch 5000 ETH NFTs with the help of companies like Mastercard, TIME, and Salesforce that will make it happen so let's read more today in our latest cryptocurrency news.

Ethereum price has risen above $1700 after the recent spike and displays huge possibilities of smashing $1800 levels in no time. While the asset seems to consolidate pretty well presently, a major upswing is fast approaching that could escalate the prices close to $2000 in the next couple of weeks.

Merge is the currently awaited upgrade on the Ethereum blockchain. With the launch of Merge, the network is expected to migrate from Proof-of-Work (PoW) to a Proof-of-Stake (PoS) consensus mechanism.