Following the assertions about the upcoming ethereum merge which is scheduled to happen in september, what is likely going to be the effects on the market price of ethereum, ethereum based coins, and the general cryptocurrency market at large?
the effect on Ethereum Merge is of course on the ecosystem itself, because the PoS algorithm will be faster TPS than the PoW algorithm,
you can see Binance Smart Chain is running, yes they have a very good ecosystem, even better than Ethereum,
and this is time Ethereum PoS could take over from Binance Smart Chain, because we know that Gas Fee will be very cheap
If the merge leads to a very cheap gas fee, then it's also a good news. I remember trying to withdraw 56 USDT (ERC-20) from an exchange and the gas fee appeared to be 50 USDT. I had to trade it for Solana SOL and then withdrew with a very cheap gas fee.