As Ethereum approaches the one-year mark since its pivotal shift to the Proof-of-Stake (PoS) consensus algorithm, also referred to as “The Merge”, questions are emerging about the event’s effects on the cryptocurrency’s price.

Notably, the highly publicized upgrade merged the main network with the PoS-powered Beacon Chain, effectively establishing separate roles for execution and consensus.

One of the most profound changes introduced by The Merge was the transition from the energy-intensive Proof-of-Work (PoW) mechanism to the eco-frie...