
As if it were a countdown on a launch pad, Ethereum has now officially begun its particular takeoff. Today, Bellatrix, the hard fork that prepares the network for The Merge, the definitive merger that will transfer ETH from Proof of Work (PoW) to Proof of Stake (PoS), has been successfully activated.
Next step: September 15 with The Merge
This beginning of the new era of Ethereum will culminate on September 15 with The Merge, or the merger between the two blockchains that are currently active. At some point that day, the Ethereum mainnet execution client will merge with the Beacon Chain's Proof-of-Stake consensus client. After the merger, Ethereum nodes will have an execution client (Eth1) and a consensus client (Eth2); both are required for a full Ethereum node to function after the merge.
For its part, the price of Ethereum has reacted with increases of up to 6% today. After the activation of Bellatrix, no excessive volatile movements have been noticed in ETH.


