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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.

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Read More: www.coindesk.com

Tags: 300KDeFiETHEtherEthereumleadmergeNetReductionsupply
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