Ethereum is moving towards a major upgrade that aims at making the network more sustainable, with the transition from Proof-of-Work (PoW) to Proof-of-Stake, and more scalable with the introduction of data sharding. This process started with the deployment of the Beacon Chain in December 2020 and the next step called the Merge which is expected to happen later this year. In this article we look at how far the Ethereum 2 ecosystem has progressed in this transition and how ready is to move to the next level.