Vitalik Buterin : The current price of ETH has not been affected by the merger event

On July 28, Vitalik Buterin, co-founder of ETHereum, said in an interview that as long as "The Merge" has not been completed, it will not be reflected in the price of Ethereum, whether from a market perspective or from a psychological perspective. and narrative point of view. According to CoinGape analysis, the transition to proof-of-stake (PoS) will not be accomplished solely through the merger of the Ethereum mainnet and the beacon chain. Ideally, Surge, Verge, Purge, and Splurge are essential to Merge. "Under the right conditions," there is a six- to eight-month waiting period before actual price action changes for the upcoming merger in mid-September. Ethereum will be deflationary after the merger.