Buy $GGsBreaking: Ethereum Merge Progress 96% Complete, Developers Confirm Final Date
Ethereum Merge progress is 96.55% complete, according to the “Ethereum The Merge Countdown” data on OKLink. The network hash rate has fallen below 900 TH/s but it is still over the ideal level, confirming the Merge to happen on September 15.
Moreover, Ethereum core developers have confirmed the final mainnet terminal total difficulty (TTD) of 58750000000000000000000 during the Core Developers Meeting on Thursday. It means the Merge will go live in the next 27 days on September 15.
Ethereum Developers Confirms Merge for September 15
According to blockchain explorer OKLink’s “Ethereum The Merge Countdown” data, the Ethereum Merge progress is now 96.55% complete. The Ethereum network hash rate has fallen below 900 TH/s, currently near 885.23 TH/s. If the hash rate remains near 879 TH/s, the Merge is most likely to happen on September 15.
Moreover, Ethereum co-founder Vitalik Buterin earlier confirmed that the exact date depends on the hash rate. The Ethereum network needs an average hash rate of 872.2 TH/s to achieve the TTD of 58750000000000000000000 on September 15 at 04:44 UTC.
The Mainnet is set to merge with the Beacon Chain triggered by a TTD at 58750000000000000000000. It will transition Ethereum to PoS automatically, with no downtime in the blockchain.
During the Ethereum Core Developers meeting on August 18, developers confirmed a final mainnet TTD of 58750000000000000000000. It means the Ethereum Merge will officially go live after 27 days on September 15.
The developers also discussed preparations for the Bellatrix and Paris upgrades. The dates for the Bellatrix and Paris upgrades are September 6 and September 15, respectively.
The successful implementation of upgrades may pump Ethereum (ETH) prices before the PoS transition.
How the Upgrade Will Impact the Ethereum (ETH) Price
With all preparations for the Ethereum Merge now completed, the Ethereum (ETH) price may witness short-term gains before the upgrade. However, the rally will be short-lived.
Ethereum core developer Tim Beiko on Thursday confirmed the completion of the Merge Mainnet Readiness Checklist. Moreover, Ethereum Foundation had confirmed no change in gas fees, transaction speed, and ETH staking and withdrawals after the Merge.
As a result, the price fails to show upside momentum. Also, Ethereum will become a deflationary asset after the Merge, which will reduce its price. Investors can expect a true rally only after completion of the Surge, Verge, Purge, and Splurge phases. The Ethereum (ETH) price will remain volatile until then, as per crypto analysts.
Play 10,000+ Casino Games at BC Game with Ease
- Instant Deposits And Withdrawals
- Crypto Casino And Sports Betting
- Exclusive Bonuses And Rewards
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- Crypto News: Bitcoin Sell-Off Fears Rise as War Threatens Iran’s BTC Mining Operations
- U.S.–Iran War: Monday Crypto Crash Odds Rise As Pundits Predict Oil Price Spike
- US-Iran War: Reports Confirm Bombings In UAE, Bahrain and Kuwait As Crypto Market Makes Recovery
- XRP Price Dips on US-Iran Conflict, But Capitulation Signals March Rebound
- Crypto Market at Risk as U.S.–Iran War Threatens Inflation With Oil Price Surge
- Gold Price Prediction 2026: Analysts Expect Gold to Reach $6,300 This Year
- Circle (CRCL) Stock Price Prediction as Today is the CLARITY Act Deadline
- Analysts Predict Where XRP Price Could Close This Week – March 2026
- Top Analyst Predicts Pi Network Price Bottom, Flags Key Catalysts
- Will Ethereum Price Hold $1,900 Level After Five Weeks of $563M ETF Selling?
- Top 2 Price Predictions Ethereum and Solana Ahead of March 1 Clarity Act Stablecoin Deadline
