Impact of Ethereum Dencun Upgrade on ETH Inflation Discussed by CryptoQuant
Wednesday, 8 May 2024, 19:04
Ethereum Dencun Upgrade Analysis
The recent Dencun upgrade on Ethereum has led to a notable change in the daily supply growth of ETH post the Merge. This surge in new supply comes in conjunction with a sharp decline in fees burned on the network.
Key Points:
- Inflationary Impact: The spike in daily ETH supply signifies a shift towards inflationary dynamics for Ethereum.
- Fee Reduction: The decrease in fees burned post the Dencun upgrade indicates a change in network economics.
This analysis by CryptoQuant sheds light on the emerging trends in ETH inflation and the shifting economic landscape for the cryptocurrency.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.