Oct 8, 6:45 pm
Decrypt
The Transition to Proof of Stake Has Not Made Ethereum Deflationary As Expected
The transition of Ethereum from proof of work to proof of stake has not resulted in the expected deflationary effect on ETH. In the past 30 days, the global supply of ETH has increased by nearly 30,000 ETH due to a decline in transaction flow on the Ethereum network. Low gas fees have led to less ETH being burned, causing concerns about Ethereum’s inflationary trend.
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