Singapore showed the highest interest in searching for Ethereum over the past week. Its citizens are 24% more likely to ask Google about The Merge.

Singapore Residents Show Highest Interest in Ethereum’s Transition to PoS

In a report by CoinGecko, Singapore ranks first among the countries most interested in Ethereum’s upcoming transition to the Proof-of-Stake consensus algorithm. The company came to these conclusions after analyzing the frequency of search queries on Google during the last week.

So, according to Google Trends, the total search score related to Ethereum’s Merge is 377 points in Singapore, which is 24% more than its closest competitors show. Meanwhile, “Ethereum Merge” and “Ethereum Classic” were the top searches by users in the country, scoring 100 points each.

Switzerland and Canada share second place with 286 points each in Google Trends. Moreover, Swiss residents often search for “ETH” on Google, while Canadians are most interested in “Ethereum PoW.” 

The third place was taken by Germany, whose citizens showed more variety in search queries, and Google Trends estimated their total interest in Ethereum’s Merge at 231 points. Recall that Germany is recognized as one of the most crypto-friendly countries in the world this year, thanks in part to its citizens’ awareness of cryptocurrencies.

The top eight most interested countries in The Merge also included:

  • The U.S. — 219 points;
  • The Netherlands — 212 points;
  • Australia — 212 points;
  • Turkey — 208 points.

According to CoinGecko, Internet users ask Google about the upcoming event more often than anything related to the cryptocurrency market. Thus, worldwide searches for “Ethereum Merge” and “ETH Merge” account for 16% of global Google search rankings.

What’s curious, “Proof of Work”-related searches were 169% higher than “Proof of Stake”-related searches. However, queries for “Ethereum” and “ETH” were 40% lower than searches for the words “Ethereum Classic” and “ETH Classic.” Bobby Ong, COO and co-founder of CoinGecko, said this dynamic may indicate that miners want to continue mining Ethereum. Ong stated that such high demand will likely “result in the formation of multiple, contentious hard forks post-Merge.”

The Ethereum network moved to the penultimate stage of the PoS transition on September 6. And despite about a quarter of Ethereum nodes still not being ready for the transition, The Merge is scheduled for September 13-15.

Author: Molly Wilson
#Ethereum #News