After much work, Ethereum is finally ready to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token ETH, many other tokens have gained in value and may outperform ETH after Merge, according to the explanations.
Lido DAO (LDO)
After the merge, Ethereum miners will be replaced by validators. However, for this, validators need to stake 32 ETH. This large stake requirement is thought to create opportunities for intermediaries. In other words, platforms that collect ETH from underfunded stakers and pool the revenues to become validators on the Ethereum blockchain have come to the fore. Lido DAO is thought to be one of them. Lido DAO appears as the leading staking service in terms of locked value in Merge's official smart contract. It is thought that a successful Merge could increase demand for Lido DAO services.
Besides, the value of LDO has increased by more than 200% since July 14, when Ethereum first announced the possibility of moving to the PoS chain in September. For this reason, LDO is considered one of the crypto assets that could benefit the most from the successful transition of Ethereum to POS.
Ethereum Classic (ETC)
Ethereum Classic (ETC) is another asset that has caught the attention of bulls in recent weeks. This is thought to be due to its potential to provide a haven for miners leaving the Ethereum network. Since Ethereum Classic is the split chain of the hard fork in 2016, it showcases almost all the technical features of the current PoW Ethereum network, making it a natural haven for ETH miners.
Like LDO, ETC has rallied over 200% since Ethereum's Merge launch announcement on July 14. Therefore, the probability of resuming the uptrend is considered high before and after the Consolidation.
Optimism is an Ethereum roll-up service. In other words, it collects off-chain batch data in batches and, when a consensus is reached, sends the results back to the Ethereum mainnet.
The solution, called Layer-2, can leverage Ethereum's "Roll-up Centric Roadmap" after Consolidation. Interestingly, Optimism's management token OP has increased by nearly 250% since the Merge release date announcement.