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Ether keeps rising to the top of CoinMarketCap's trending list

As the Ethereum network gears up for The Merge, Ether's price keeps rising.

By Finst News
• 2 min read
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Ether keeps rising to the top of CoinMarketCap's trending list

As the Ethereum network gears up for The Merge, Ether's price keeps rising. On CoinMarketCap, Ether is currently at the top of the trending list.

Cryptocurrencies like Shiba Inu (SHIB) and Terra (LUNA), which previously led the rankings, have fallen significantly lately. The Grove eco-crypto project is currently in second place, followed by Green Satoshi Token.

The trending list is built from searches on CoinMarketCap. In simple terms, the more people search for a given coin, the higher it appears on the trending list.

Ether has been gaining momentum lately. Month over month, Ether has risen by 32 percent. The rise is largely due to The Merge, as the Ethereum network switches to the Proof of Stake consensus algorithm. The transition, known as The Merge, is expected to take place in September.

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