Chainalysis suggests that the price of ETH could 'decouple' from other crypto assets after the Merge as its staking rewards will make it similar to bonds and commodities.
) could decouple from other crypto assets post-Merge, with staking yields potentially driving strong institutional adoption.that the upcoming Ethereum upgrade would introduce institutional investors to staking yields similar to certain instruments such as bonds and commodities, while also becoming much more eco-friendly.
According to Chainalysis data, the number of institutional ETH stakers — those with $1 million worth of ETH staked or more — has “been steadily increasing” from under 200 as of January 2021 to around 1,100 as of August this year. The Chainalysis report also tips ETH to draw in more retail and institutional traders after The Merge, as the forthcoming upgrade will make staking a much more attractive investment tool.
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