Cryptocurrencies To Watch: Week of September 12

investopedia.com:

The crypto market has shown tentative signs of breaking out of the bearish slump that has persisted for months. Several assets are showing improvements in price, not the least of which is Ethereum (ETH), which has dominated the news cycle in recent weeks.

This week, other cryptocurrencies deserve some attention, along with Ethereum (ETH). It includes, Ethereum Classic (ETC), Cardano (ADA), Axie Infinity (AXIE), and Chainlink (LINK). In selecting these assets, we have considered several factors, including, but not limited to, positive technical developments, significant news events, and noticeable changes in price.

Ethereum blockchain network is undergoing one of its most defining changes in years — The Merge, which will transition the network into a Proof-of-Stake one. The event, which is only a few days away, has resulted in an approximate 11% increase in the price of ETH over the past 7 days.

The Merge will also result in ETH becoming a deflationary cryptocurrency, which should result in the asset’s price increasing over time. However, this may take some time, as miners now receive 5 million ETH annually, with the post-Merge stakers’ reward dropping to 1 million ETH per year.

Ethereum Classic (ETC) is another network that has been making headlines because of its association with Ethereum. ETC has been experiencing an even greater price bounce than ETH, with the token jumping by over 20% over the past 7 days.

One of the reasons that this could be happening is that a lot of ETH miners are jumping ship to other networks, and ETC has begun to be the beneficiary of that migration. With ETH dropping mining after The Merge, those miners are now looking elsewhere to carry out their operations. ETC network has consistently