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Ethereum World News 2022-07-29 16:27:36

Ethereum Classic’s Hashrate, Transactions up 24% and 62% in One Month as Ethereum’s Merge Draws Nearer

Summary: Ethereum Classic’s metrics have seen a significant increment this month due to Ethereum’s merge being scheduled for mid-September. Ethereum Classic hashrate has increased by 23.90% since the beginning of July. Its daily transactions have also increased by 62.90%. Ethereum Classic’s price has also increased by over 200% in July. Ethereum Classic continues to be the sole beneficiary of Ethereum’s ongoing transition from a proof-of-work network to proof-of-stake. The speculation that ETC could absorb some of Ethereum’s proof-of-work ecosystem has […]

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