The ETH 2.0 is a massive project to make Ethereum scalable and as fast as many centralized payment processors such as VISA and Mastercard.
The speculations about the delay in ETH 2.0 launch come from the history of delays in ETH 2.0. The first major step i.e launch of the Beacon chain went through a similar cycle.
For the launch of the Beacon chain, a certain number of ETH was required to be staked, and just before a week from the official launch, the amount of staked ETH was far from the target.
However, Buterin himself staked millions to fulfill the target. Now with Buterin himself clearing the air around the possible delay, the crypto community can breathe a sigh of relief.
The ETH 2.0 move is highly anticipated and many expect ETH price to reach new ATHs in the run-up to the major upgrade.
