Ether May Continue to Lose Momentum Until Merge Is Completed, BofA Says

Price Discount on 'stETH' Reflects Non-Negligible Doubt on Smooth Ethereum Merge

Ether’s (ETH) price jump from mid-July until mid-August may continue to fade as investors seek to better understand the implications of the Merge, Ethereum’s tech upgrade that will transform it to a proof-of-stake network, along with future blockchain upgrades, Bank of America said in a note Friday.

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