Molly Jane Zuckerman writes...

Today, the crypto markets are seeing almost all green.

But no crypto is up as much as Ether, clocking in at an almost 50% gain in price over the past week. Bitcoin and BNB are the next biggest gainers on CMC's top 10, but they’re still only showing weekly gains of 20%.

Why is Ethereum pulling away from the rest?

The most popular explanation is "the merge" — the ever imminently approaching change from PoW to PoS. Just last week, Ethereum developer Tim Beiko noted during a developer’s call that Sept. 19 was the latest proposed date for this switch.

But…

A quick look at our past coverage of potential merge dates includes Beiko noting in April that the merge would be "likely in the few months after" June — and ETH core developer Preston Van Loon saying in June that the merge would happen "August — it just makes sense."

Molly Jane Zuckerman writes...

Today, the crypto markets are seeing almost all green.

But no crypto is up as much as Ether, clocking in at an almost 50% gain in price over the past week. Bitcoin and BNB are the next biggest gainers on CMC's top 10, but they’re still only showing weekly gains of 20%.

Why is Ethereum pulling away from the rest?

The most popular explanation is "the merge" — the ever imminently approaching change from PoW to PoS. Just last week, Ethereum developer Tim Beiko noted during a developer’s call that Sept. 19 was the latest proposed date for this switch.

But…

A quick look at our past coverage of potential merge dates includes Beiko noting in April that the merge would be "likely in the few months after" June — and ETH core developer Preston Van Loon saying in June that the merge would happen "August — it just makes sense."