What Is the Future of Ethereum After The Merge?

By Travis Hoium – Sep 27, 2022 at 10:30AM

CRYPTO: ETH

Ethereum

Market Cap

$382B

Today's Change

(-0.86%) -$26.84

Current Price

$3,128.57

Price as of April 26, 2024, 7:48 p.m. ET

Ethereum is down over 25% from its monthly highs and nearly 75% from all-time highs, but this may not be a time to buy if there's no clear investment thesis for Ethereum.

Ethereum (CRYPTO: ETH) continues to drop both from highs earlier this month and all-time highs in late 2021. The Merge gave a short-term pop, but that hype is now gone, and it's worth questioning what the future of this blockchain is.

*Crypto prices used were mid-day prices on Sept. 23, 2022. The video was published on Sept. 26, 2022.

Travis Hoium has positions in Ethereum and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/riiv, I'll earn some extra money that supports my channel. My opinions remain my own and are unaffected by The Motley Fool.