Researcher Says Ethereum 2.0 May Be Delayed — Increasing Risk to ETH Bulls

At the Ethereum Asia Supermeetup in March 2019 in Hong Kong, Vitalik Buterin explained: Because of the changes it will implement, the upgrade has been deemed one of ETH’s most bullish catalysts. Justin Drake, a researcher at the Ethereum Foundation, said on July 10th that he personally thinks the upgrade’s first phase cannot go live this year.

When Ethereum 2.0 arrives, though, analysts expect the upgrade to have a dramatic effect on the market. He attributed this to staking and other incentives being activated around the upgrade that could force Ethereum higher.

Timeline of Ethereum