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**Ethereum (ETH) Supply May Reach Pre-Merge Supply Within Next Few Weeks**
According to the recent reports, it is possible for Ethereum’s supply to reach pre-merge levels within the next few weeks. This significant update has sent shockwaves through the cryptocurrency market, and investors are eager to learn more about this development.
For those who may be unaware, the merger refers to the planned transition of the Ethereum blockchain from a proof-of-work (PoW) consensus algorithm to a proof-of-stake (PoS) algorithm. This shift is expected to significantly reduce energy consumption by leveraging validators’ staked ETH instead of requiring expensive mining operations.
As a result, many users have been expecting a decrease in the total supply of ETH as a consequence of this transition. However, based on data provided by Ethereum.org and other sources, it appears that the supply might not decrease as drastically as anticipated.
In fact, recent trends suggest that the supply may actually increase to pre-merge levels within the next few weeks. This unexpected development could have major implications for investors, traders, and users of the Ethereum blockchain.
While these predictions are based on current data and trends, it remains essential for those invested in this market to monitor the situation closely and be prepared for any potential changes.
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Source: timestabloid.com
