Prices Rise After Ethereum 2.0 Client Fixes Merge Stability

Lighthouse, an Ethereum 2.0 consensus client, has released version 2.3.0, which includes corrections for the Beacon Chain’s recent 7-block reorganizations. The Ethereum mainnet is also fixed and improved in the high-priority release v2.3.0. The Ethereum (ETH) price fell below $1750 on May 25 as a result of the 7-block reorganizations, raising questions about the Ethereum Merge.

Before the Ropsten beacon chain genesis on May 30 at 3:00 PM UTC, all users are encouraged to upgrade to v2.3.0. Furthermore, the update includes modifications to improve the likelihood of receiving head votes and producing blocks in degenerate cases.

Ethereum price jumps

In the last 24 hours, the price of Ethereum (ETH) has increased by about 7%, reaching a high of $1909. The price surge was spurred by a minor comeback in the cryptocurrency market. At the time of writing, the price of ETH is $1896. The upgrade to v2.3.0 will resolve the Beacon Chain’s block restructuring, resulting in another wave of ETH price gains.

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