It’s not just ETH prices that will benefit from Ethereum’s move to proof-of-stake in September.

After years of waiting, Ethereum is finally ready to become a full-fledged proof-of-stake (PoS) blockchain. Apart from ethereum (ETH), the native token of ethereum, the valuations of several other tokens not only benefit greatly, but may also continue to outperform ETH after the merger.

Ethereum one step closer to merger

The leading smart contract platform completed the last of its three public testnets called "Goerli" on August 11. As such, there should be no delay in the Ethereum “merger”, which is expected to go live on September 19.

Ether prices rose 8% to around $2,000 following the Goerli update, the highest level in more than two months. Meanwhile, certain cryptoassets that could benefit from a successful merger are on the upswing, surpassing even ETH in the past month.

Will these coins continue to outperform ETH prices in September? Let's take a closer look.

Lido Road (LDO)

The merger will replace Ethereum’s army of miners with validators who will be required to contribute 32 ETH as a financial benefit.

This major staking requirement opens up opportunities for intermediaries, platforms that collect ether from underfunded stakers and pool the proceeds to become validators on the Ethereum blockchain. Lido DAO is one of them.

Lido DAO is the leading staking service for value locked in Merge's official smart contracts. Notably, it has staked 4.15 million ETH in the so-called ETH 2.0 contract, ahead of Coinbase, which has about 1 million staking. 1.55 million ETH on behalf of its clients.

A successful merger may increase demand for Lido DAO services.

In turn, it could be bullish on the platform's official governance token, LDO, which has surged more than 200% in value since Ethereum first announced the possibility of a PoS chain on July 14.

As such, LDO is one of the major crypto assets that could benefit the most from a successful transition from Ethereum to POS.

Ethereum Classic (ETC)

Ethereum Classic (ETC) is another asset that has attracted the attention of bulls in recent weeks. This is mainly due to its potential to provide a safe haven for miners who exit the Ethereum network.

Since Ethereum Classic is a split chain from a controversial hard fork in 2016, it exhibits nearly all the technical qualities of the current PoW Ethereum network, making it a natural refuge for ETH miners.

Like LDO, ETC is up more than 200% since the July 14 announcement of Ethereum’s merger. Therefore, it has a high probability of continuing to rise before and after the merger.

optimistic (OP)

Optimism is an Ethereum aggregation service. In other words, it aggregates large amounts of off-chain transaction data into batches and publishes the results back to the Ethereum mainnet when consensus is reached.

So-called layer-2 solutions could benefit from a “rollup-centric roadmap” for the merged ethereum. Interestingly, Optimism’s governance token, OP, has risen nearly 250% since the Merge release date announcement.

The prospect of a merged Ethereum deploying Optimism on its network could be a bullish catalyst for OP prices.

If you have any altcoins that you do not understand or are uncertain about the currency circle, please send a private message or leave a message, and we will learn and communicate together.

It’s not just ETH prices that will benefit from Ethereum’s move to proof-of-stake in September.

After years of waiting, Ethereum is finally ready to become a full-fledged proof-of-stake (PoS) blockchain. Apart from ethereum (ETH), the native token of ethereum, the valuations of several other tokens not only benefit greatly, but may also continue to outperform ETH after the merger.

Ethereum one step closer to merger

The leading smart contract platform completed the last of its three public testnets called "Goerli" on August 11. As such, there should be no delay in the Ethereum “merger”, which is expected to go live on September 19.

Ether prices rose 8% to around $2,000 following the Goerli update, the highest level in more than two months. Meanwhile, certain cryptoassets that could benefit from a successful merger are on the upswing, surpassing even ETH in the past month.

Will these coins continue to outperform ETH prices in September? Let's take a closer look.

Lido Road (LDO)

The merger will replace Ethereum’s army of miners with validators who will be required to contribute 32 ETH as a financial benefit.

This major staking requirement opens up opportunities for intermediaries, platforms that collect ether from underfunded stakers and pool the proceeds to become validators on the Ethereum blockchain. Lido DAO is one of them.

Lido DAO is the leading staking service for value locked in Merge's official smart contracts. Notably, it has staked 4.15 million ETH in the so-called ETH 2.0 contract, ahead of Coinbase, which has about 1 million staking. 1.55 million ETH on behalf of its clients.

A successful merger may increase demand for Lido DAO services.

In turn, it could be bullish on the platform's official governance token, LDO, which has surged more than 200% in value since Ethereum first announced the possibility of a PoS chain on July 14.

As such, LDO is one of the major crypto assets that could benefit the most from a successful transition from Ethereum to POS.

Ethereum Classic (ETC)

Ethereum Classic (ETC) is another asset that has attracted the attention of bulls in recent weeks. This is mainly due to its potential to provide a safe haven for miners who exit the Ethereum network.

Since Ethereum Classic is a split chain from a controversial hard fork in 2016, it exhibits nearly all the technical qualities of the current PoW Ethereum network, making it a natural refuge for ETH miners.

Like LDO, ETC is up more than 200% since the July 14 announcement of Ethereum’s merger. Therefore, it has a high probability of continuing to rise before and after the merger.

optimistic (OP)

Optimism is an Ethereum aggregation service. In other words, it aggregates large amounts of off-chain transaction data into batches and publishes the results back to the Ethereum mainnet when consensus is reached.

So-called layer-2 solutions could benefit from a “rollup-centric roadmap” for the merged ethereum. Interestingly, Optimism’s governance token, OP, has risen nearly 250% since the Merge release date announcement.

The prospect of a merged Ethereum deploying Optimism on its network could be a bullish catalyst for OP prices.

If you have any altcoins that you do not understand or are uncertain about the currency circle, please send a private message or leave a message, and we will learn and communicate together.