JPMorgan voices doubts over Ethereum’s future postMerge

Ethereum (ETH) network was implemented, officially marking the blockchain’s transition from the proof-of-work (PoW) to the proof-of-stake (PoS) validation algorithm, some organizations have expressed concerns over what this means for Ethereum’s future. On top of that, the institution’s report has also noted the sharp drop in the price of Ethereum. Indeed, the price of Ethereum since September 15, when the Merge took place, has so far dropped around 20%.