kenso on Nostr: 💸 Ethereum's Inflation Threatens 'Ultrasound Money' Status: Ethereum's inflation ...
💸 Ethereum's Inflation Threatens 'Ultrasound Money' Status:
Ethereum's inflation rate has surged to 0.74%, raising concerns over its status as 'ultrasound money'. ⚠️ The drop in on-chain activity and lower burn rates, particularly due to the rise of Layer-2 solutions like Arbitrum and Optimism, 📉 has shifted Ethereum's economic status, casting doubt on its deflationary nature. 🧐
Ethereum's inflation rate has surged to 0.74%, raising concerns over its status as 'ultrasound money'. ⚠️ The drop in on-chain activity and lower burn rates, particularly due to the rise of Layer-2 solutions like Arbitrum and Optimism, 📉 has shifted Ethereum's economic status, casting doubt on its deflationary nature. 🧐