Ethereum is already one of the strongest networks !

The Merge aside, Ethereum is already one of the biggest players in the crypto space. It's the second-most popular cryptocurrency behind Bitcoin (CRYPTO: BTC), and it's the most widely used network for decentralized applications (dApps) such as NFT marketplaces and decentralized finance (DeFi) projects.

The Merge will vastly improve its energy efficiency!

At the moment, Ethereum still uses a proof of work (PoW) mining protocol, which is time- and energy-intensive. However, The Merge will move Ethereum to a proof of stake (PoS) protocol, which is considerably more efficient.

In fact, after the update, the network is expected to require around 99.95% less energy than under its current PoW protocol.

That can give it a major advantage over Bitcoin, which has been widely criticized for its energy usage.

It will be able to better compete with smaller networks !

Moving to a PoS system could help expand Ethereum's capabilities, making it easier to compete with newer blockchains.

Many smaller networks already use PoS, which gives them an advantage over larger cryptocurrencies like Bitcoin and Ethereum that still use PoW. Once Ethereum completes its upgrade, though, it will be on a more level playing field with networks like Solana and Cardano.

Risks to consider before you buy !

While The Merge is a strong step in the right direction for Ethereum, there are still risks involved.Despite its advantages, Ethereum is still a speculative investment.

It could be the strongest blockchain in the world, but if crypto and decentralized networks never become mainstream with the public, it will be tough for Ethereum to thrive over the long run.

And at this point, it's too early to say exactly how the crypto market will fare in the future.