Chainalysis: The price of ETH may decouple from other cryptocurrencies after the merge

2022-09-08 14:16:48

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Chain Catcher news, a report released by blockchain data analysis company Chainalysis states that after the Ethereum merge, the price of ETH may decouple from other cryptocurrencies, as its staking rewards will make it similar to tools like bonds or commodities with arbitrage premiums, and the staking yields may drive significant institutional adoption.

The report states that ETH staking is expected to provide stakers with an annual yield of 10-15%, considering that government bond yields are much lower in comparison, thus ETH is "an attractive bond alternative for institutional investors." The report also notes that one of the reasons staking will be attractive after the Ethereum merge is that the shift to PoS will make Ethereum more environmentally friendly, which can make investors with sustainability commitments more satisfied with the asset. This is particularly applicable to institutional investors. (Cointelegraph)

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