Ethereum (ETH) has underperformed since its shift to the proof-of-stake (PoS) consensus model two years ago. According to The Block, citing a report from CryptoQuant, Ethereum’s performance has been 44% lower than Bitcoin’s since the merge. CryptoQuant’s senior analyst, Julio Moreno, explained that Ethereum’s decline isn’t limited to Bitcoin comparisons; it has also lagged behind The post Ethereum’s Post-Merge Blues: 44% Behind Bitcoin, More Pain Ahead? appeared first on Coin Edition .