Everyone’s talking about the Ethereum Merge: New report reveals the most interested countries

CoinGecko released a new report that revealed the top places in the world most interested to the Ethereum Merge.

According to the data, Singapore was found to be the most interested country by a wide margin. Singapore’s score of 377 is almost 100 points higher than Canada and Switzerland, who tied for second at 286. The remaining five top spots were filled by the United States, Germany, and the Netherlands.

Scores were calculated by analyzing the frequency of ten search words and then combining them for the overall ranking. These terms included, among others, “Ethereum Merge”, “ETH Merge”, and “Ethereum poW.”

Some terms, such as “ETH Classic”, “Ethereum Merge” and “Ethereum,” had particular potency for Singaporeans. Users searched for “ETH” in Switzerland more than any other country.

Related: Will the Ethereum Merge crash? Or revive the crypto market. Find out now on The Market Report

Bobby Ong, Chief Operati and Co-Founder of CoinGecko, outlined the results. He said that global anticipation is at an all time high, with the Merge expected to take place in less than one week. It is expected to take place between Sep. 13-15, according to developers.

“The top 8 countries in this list appear to include countries with strong Ethereum communities. This could explain their high search scores in the study.

According to Ong, the Merge of Ethereum Network from Proof-of-Work (PoW), to Proof-of-Stake (PoS), will have “repercussions that ripple throughout the entire cryptocurrency ecosystem.”

While the world awaits the Merge, the Crypto Twitter community is alive with anticipation. Many have high hopes for the Ethereum community.

The Ethereum merger will reduce energy consumption by 99.9%. The main problem that prevented Bitcoin institutional adoption was energy use. ETH institutional adoption will skyrocket in 2023
— JRNY Crypto (@JRNYcrypto August 31, 2022

Others anticipate immediate consequences for Ether (ETH), the native network cryptocurrency.

#Ethereum is going to dump on the Merge Date, I believe
— September 3, 2022, Crypto Rover (@rovercrc).

Even major media outlets tried to cover the transition.

The event has been anticipated by developers, miners, and exchanges across the industry. Binance US has offered low-barrier Ethereum staking. FTX, on the other hand, announced it will stop ETH withdrawals and deposits on Arbitrum, Solana, and the Binance Smart Chain during Merge.

Prior to the Bellatrix upgrade on Tuesday Sept. 6, 74% were available for the transition.

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Eileen Wilson

Eileen Wilson –Technology and Energy My Name is Eileen Wilson with more than 5 years of experience in the Stock market industry, I am energetic about Technology news, started my career as an author then, later climbing my way up towards success into senior positions. I can consider myself as the backbone behind the success and growth of topmagazinewire.com with a dream to expand the reach out of the industry on a global scale. I am also a contributor and an editor of the Technology and Energy category. I experienced a critical analysis of companies and extracted the most noteworthy information for our vibrant investor network.

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