The Ethereum Merge has officially taken place, marking a significant milestone in the network's transition to proof-of-stake (PoS) consensus. This shift is expected to significantly reduce energy consumption and increase the network's scalability. With gas fees also expected to decrease, the Merge could pave the way for broader adoption of DeFi and decentralized applications.

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This is a massive step forward for Ethereum and its ecosystem. The reduction in energy consumption and increased scalability will undoubtedly drive adoption of DeFi and dApps, making Ethereum a more viable option for mainstream users.