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The merge went "what seems to be flawlessly," Joe Lubin, CEO of crypto software giant ConsenSys and a co-founder of Ethereum, told Decrypt in an exclusive video interview last week. Lubin's answer is that the price action immediately after the merge was a "possibly inevitable 'sell the news' kind of activity," along with some Ethereum miners "unloading their ether inventory as they shut down their rigs.

It's the macroeconomy, stupid. But our ecosystem and our company are doing quite well, even with with reduced volumes, reduced intensity. I think we're all enjoying just building. Solana founder Anatoly Yakovenko points to the same factors—and sees at least another year of the bear market.

With just an internet connection, you can send, receive, borrow, earn interest, and even stream funds anywhere in the world. Explore DeFi The internet of assets Ethereum isn't just for digital money. Anything you can own can be represented, traded and put to use as non-fungible tokens NFTs. You can tokenise your art and get royalties automatically every time it's re-sold. Or use a token for something you own to take out a loan. The possibilities are growing all the time. More on NFTs An open internet Today, we gain access to 'free' internet services by giving up control of our personal data.