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The Ethereum Merge has Lead to Net Supply Reduction of 300K Ether (ETH)

Altszn.com by Altszn.com
September 15, 2023
in Blockchain, Crypto, DeFi, Web3
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The Ethereum Merge has Lead to Net Supply Reduction of 300K Ether (ETH)
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“In August 2022, the Ethereum Foundation warned users that the upcoming Paris upgrade would not reduce gas fees. Subsequently, prices fell, and ether was doomed to underperform bitcoin. But this also hinted towards the next potential catalyst for Ether investors—lower gas fees,” Markus Thielen, head of research and strategy at Matrixport, said in a note to clients last week.



Read More: www.coindesk.com

Tags: 300KDeFiETHEtherEthereumleadmergeNetReductionsupply
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    • bitcoinBitcoin (BTC) $ 105,876.00
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    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.21
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    • dogecoinDogecoin (DOGE) $ 0.204854
    • tronTRON (TRX) $ 0.271990
    • cardanoCardano (ADA) $ 0.707583
    • staked-etherLido Staked Ether (STETH) $ 2,620.81
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,723.00
    • suiSui (SUI) $ 3.49
    • wrapped-stethWrapped stETH (WSTETH) $ 3,155.88
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    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • hedera-hashgraphHedera (HBAR) $ 0.176795
    • usdsUSDS (USDS) $ 0.999878
    • litecoinLitecoin (LTC) $ 90.47
    • wethWETH (WETH) $ 2,621.44
    • wrapped-eethWrapped eETH (WEETH) $ 2,798.30
    • polkadotPolkadot (DOT) $ 4.20
    • moneroMonero (XMR) $ 334.52
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • bitget-tokenBitget Token (BGB) $ 4.96
    • pepePepe (PEPE) $ 0.000013
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pi-networkPi Network (PI) $ 0.680732
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,801.00
    • whitebitWhiteBIT Coin (WBT) $ 31.47
    • uniswapUniswap (UNI) $ 6.59
    • daiDai (DAI) $ 0.999831
    • aaveAave (AAVE) $ 250.19
    • bittensorBittensor (TAO) $ 408.80
    • nearNEAR Protocol (NEAR) $ 2.63
    • aptosAptos (APT) $ 5.09
    • okbOKB (OKB) $ 51.25
    • jito-staked-solJito Staked SOL (JITOSOL) $ 197.63
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • crypto-com-chainCronos (CRO) $ 0.097273
    • tokenize-xchangeTokenize Xchange (TKX) $ 35.31
    • ondo-financeOndo (ONDO) $ 0.869199
    • internet-computerInternet Computer (ICP) $ 5.09
    • bitcoinBitcoin (BTC) $ 105,876.00
    • ethereumEthereum (ETH) $ 2,621.37
    • tetherTether (USDT) $ 1.00
    • xrpXRP (XRP) $ 2.21
    • bnbBNB (BNB) $ 670.78
    • solanaSolana (SOL) $ 163.94
    • usd-coinUSDC (USDC) $ 0.999839
    • dogecoinDogecoin (DOGE) $ 0.204854
    • tronTRON (TRX) $ 0.271990
    • cardanoCardano (ADA) $ 0.707583
    • staked-etherLido Staked Ether (STETH) $ 2,620.81
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 105,723.00
    • suiSui (SUI) $ 3.49
    • wrapped-stethWrapped stETH (WSTETH) $ 3,155.88
    • hyperliquidHyperliquid (HYPE) $ 32.90
    • chainlinkChainlink (LINK) $ 14.53
    • avalanche-2Avalanche (AVAX) $ 21.76
    • stellarStellar (XLM) $ 0.273950
    • leo-tokenLEO Token (LEO) $ 9.22
    • the-open-networkToncoin (TON) $ 3.32
    • bitcoin-cashBitcoin Cash (BCH) $ 408.81
    • shiba-inuShiba Inu (SHIB) $ 0.000013
    • hedera-hashgraphHedera (HBAR) $ 0.176795
    • usdsUSDS (USDS) $ 0.999878
    • litecoinLitecoin (LTC) $ 90.47
    • wethWETH (WETH) $ 2,621.44
    • wrapped-eethWrapped eETH (WEETH) $ 2,798.30
    • polkadotPolkadot (DOT) $ 4.20
    • moneroMonero (XMR) $ 334.52
    • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
    • bitget-tokenBitget Token (BGB) $ 4.96
    • pepePepe (PEPE) $ 0.000013
    • ethena-usdeEthena USDe (USDE) $ 1.00
    • pi-networkPi Network (PI) $ 0.680732
    • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 105,801.00
    • whitebitWhiteBIT Coin (WBT) $ 31.47
    • uniswapUniswap (UNI) $ 6.59
    • daiDai (DAI) $ 0.999831
    • aaveAave (AAVE) $ 250.19
    • bittensorBittensor (TAO) $ 408.80
    • nearNEAR Protocol (NEAR) $ 2.63
    • aptosAptos (APT) $ 5.09
    • okbOKB (OKB) $ 51.25
    • jito-staked-solJito Staked SOL (JITOSOL) $ 197.63
    • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
    • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
    • crypto-com-chainCronos (CRO) $ 0.097273
    • tokenize-xchangeTokenize Xchange (TKX) $ 35.31
    • ondo-financeOndo (ONDO) $ 0.869199
    • internet-computerInternet Computer (ICP) $ 5.09