Ethereum developers have fun as Testnet merges to Proof-of-Stake
The Ethereum Ropsten network has officially moved to proof-of-stake without any major issues.

Browse Ethereum Merge news and analysis, including staking, validator economics, energy use, and long-term network impact.
Data from DeFiLlama shows the total value of assets locked in DeFi is less than $110 billion, the lowest since October 2021.
The world's second biggest cryptocurrency by market cap has dropped to a low not seen since November 2021 when compared to Bitcoin
Later this year 13 million ETH will be unlocked once Ethereum moves over to proof-of-stake leaving proof-of-work behind. Will this cause a sell the news event?
Following the disappointment of delays to the Merge last month, devs have announced a testnet date.
Ethereum’s foundation ETH holdings presently account for almost 0.3% of the total Ether supply.
Staking yields on the post-merge Ethereum proof-of-stake blockchain will be considerably lower than anticipated by most of the community.