marketplace OpenSea has declared that it would only allow NFTs on the upgraded proof-of-stake (PoS) blockchain.
In an announcement on Twitter, the NFT marketplace said that while their team is not speculating on any future forks, it underlined that if there are forked NFTs, they would not be reflected on OpenSea because the platform will only accept the updated chain.
The NFT marketplace also stated that its team is preparing the NFT trading platform for any challenges that may come with the impending Ethereum Merge in order to ensure a seamless transition time.
While the team believes that there will be no major concerns, it has assured the community that it will monitor, manage, and communicate with its users during the process. They also requested that developers review the Merge information on the Ethereum website.
Apart from OpenSea, Chainlink has also confirmed its support for the Ethereum mainnet's PoS transition. The developers said that the protocol would not support any Ethereum splits that may occur following the Merge. The team also promised its community that it is doing its best to prepare for any problems that may arise during the transition.
In a recent interview with a local media outlet, analyst Lex Sokolin stated that the post-Merge economic design modifications may have an impact on the price of Ether (ETH). The economist believes that the protocol improvements will have a natural impact on the supply of ETH. Despite this, the economist acknowledged that nothing is clear yet and that any changes in the token's price will be determined by the market.
Meanwhile, the native asset for the potential ETHPoW split, which may be backed by Ethereum's PoW miners, is trading at $100 despite not yet existing. This occurred after a number of exchanges began to list ETHW and ETHS on their trading platforms.
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