The blockchain analytics website CoinGecko has published a report on the top eight nations in which there is the highest interest in the impending Ethereum Merge. This analysis was compiled by doing research and analyzing the worldwide Google Trends data of English search phrases that are commonly used by individuals who are interested in the upcoming Ethereum Merge.
Singapore was the only nation to get a score higher than 300 in this particular ranking, and it was also the only nation to achieve the maximum score possible in the “Ethereum Merge” search. As a result, Singapore came in first place overall.
The overall search scores of Switzerland and Canada were both 286 points, placing them both in second place. According to the report, the people of Switzerland conducts the most searches for the terms “ETH” and “ETH Merge.” On the other hand, the population of Canada ranks top in the world for the word “ETH PoW,” which is an acronym of the Ethereum Proof of Work consensus mechanism.
The biggest volumes of searches for the word “Ethereum PoW” (Ethereum Proof of Work) occur in Germany, the United States, and Turkey, whereas the highest volumes of searches for the term “ETH Merge” occur in the Netherlands and Australia, respectively. According to CoinGecko’s research, the combined search volume from these three nations accounts for 16% of the global total for the terms “Ethereum Merge” and “ETH Merge.” The remaining 12% of the global total comes from Singapore and Switzerland.
Merge, a stage in the development of the Ethereum blockchain, is significant for the cryptocurrency sector. The Merge is shorthand for Ethereum’s much-anticipated blockchain update, during which the Ethereum and Beacon chains will finally combine. By switching from Proof of Work to Proof of Stake, Ethereum wants to improve the scalability and security of the network.
