Ethereum Testnet Ropsten might merge in early June: detail ProofofStake DeFi Blockchain Crypto
Preston Van Loon, an Ethereum core developer at Prysmatic Labs, wrote on Twitter,"Merging Ropsten is a big testing milestone towards Ethereum's mainnet merge later this year."The Geth developer team actively maintains Ropsten, one of several testnets developed by the Ethereum Foundation in 2017. Because it has a comparable network structure to the Ethereum mainnet, this testnet is considered the best replication of ETH capabilities.
Meanwhile, cryptoanalyst Ali Martinez sees that further weakness in ETH might lead to a drop to $700 as"transaction history shows that 2.24 million addresses bought 26.33 million ETH at $2,300." Any signs of weakness might encourage these addresses to sell, which could see Ethereum drop to its most important support at $700, where 13.25 million addresses hold 13.1 million ETH."
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