The birth of Ethereum 2.0 after the famous “Merge” was one of the biggest and most anticipated events in the web3 ecosystem. The Ethereum blockchain, which drives advancements in the crypto ecosystem, has been upgraded with The Merge. The Ethereum Merge changed Ethereum’s proof-of-work (Pow) security mechanism to proof-of-stake (Pos), which had a significant impact on the blockchain’s crypto economics and the cryptocurrency market. Ethereum’s switch from Pow to Pos serves as evidence that a permissionless, decentralized network can function in an energy-efficient way. Renewing interest in Web3 projects aiming to build on top of the Ethereum network will probably result from the merger. Additionally, the merger will enhance almost all Ethereum blockchain metrics, paving the way for novel applications and experimentation in the future.