Opinion: ETH Upgrade Significantly Reduces Revenue, Ether Era May Have Come to an End
Bitget2024/11/07 14:17
As of November 7, analysis of Ether supply data shows that ETH supply is outpacing burn, with 11,431 ETH added in the last 7 days. Both Ether revenues and ETH supply burn are significantly lower, with total revenues 69% lower than the average of the 150 days prior to the upgrade and ETH burn more than 80% lower than the average of the 150 days prior to the upgrade, and the vast majority of the industry believes that Ether's upgrades are failing much of the time.
1
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!
You may also like
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$115,987.09
-0.09%

Ethereum
ETH
$4,667.67
+0.09%

XRP
XRP
$3.13
+0.75%

Tether USDt
USDT
$1
-0.03%

Solana
SOL
$241.26
+0.43%

BNB
BNB
$933.32
+0.92%

USDC
USDC
$0.9999
+0.01%

Dogecoin
DOGE
$0.2916
+7.40%

Cardano
ADA
$0.9330
+3.01%

TRON
TRX
$0.3499
-0.35%
How to sell PI
Bitget lists PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now