According to @MilkRoadDaily, Ethereum’s Merge replaced proof-of-work with proof-of-stake, cutting network energy use by 99.95%, enabling scaling-focused upgrades, and converting ETH into a yield-bearing staking asset that still defines the network’s trajectory nearly two years on. source: @MilkRoadDaily For traders, the PoS yield and ongoing scaling roadmap are the key fundamentals to monitor for ETH positioning and liquidity flows. source: @MilkRoadDaily