Ethereum’s Post-Dencun Economics — Analysts Say Is ETH No Longer Ultrasound Money ⋆ ZyCrypto
Ethereum Ethereums Post-Dencun Economics — Analysts Say Is ETH No Longer Ultrasound Money ⋆ ZyCrypto Balita ng Ethereum ng Bitcoin Ethereum has entered a new regime dominated by low network revenue generated from fees after its March Dencun upgrade. But this has turned the networks native token, ether, into an inflationary currency, according to CryptoQuant. Ethereum Remains Inflationary Ethereum users during the past bull markets complained about exorbitant gas fees, with the network prone to congestion due to increased activity from non-fungible token (NFT) trading and decentralized finance (DeFi). Those days are long gone following the execution of the Dencun upgrade. Analysts at on-chain data firm CryptoQuant noted in a May 8 research report that the median ETH transaction cost today is roughly four times lower than before Dencun went live when comparing periods of similar network activity. While the development is positive for Ethereum users who can conduct transactions cheaper than before, it affects ETHs supply by keeping it inflationary by permanently destroying fewer tokens than new issuance. Could someone tell me how is ETH not crashing? The total fees are bottoming. The burn is bottoming. Inflation is actually hitting same levels as Bitcoin once in a while. CEO and General Council for Consensus: We have started



