Ethereum inflation rises, threatens ‘ultrasound money’ status: Report

Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound …

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Ethereum Inflation Rises, Threatens ‘ultrasound Money’ Status: Report

2 weeks from now

Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound …

cointelegraph.com

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Ethereum Inflation Soars Amid Dencun Changes—less Than 100k …

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Nov 22, 2024 · Ethereum is undergoing its most prolonged inflationary period, with over 350,000 ETH (worth around $1.1 billion) added to its supply since the March Dencun upgrade, …

cryptoslate.com

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Ethereum Faces Inflationary Pressures: Is The Era Of "Ultra-Sound …

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Sep 2, 2024 · The annual inflation rate for Ethereum has risen to approximately 0.7%, meaning that the issuance of new ETH is currently exceeding the amount burned through transaction …

thecurrencyanalytics.com

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Ethereum Inflation Rises, Threatens ‘ultrasound Money’ Status: Report

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Oct 4, 2024 · Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound money” narrative, according to Binance’s October 2024 Monthly Market Insights …

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Ethereum Faces Inflationary Pressure: Has The Ultra Sound Money …

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Aug 31, 2024 · Hartvigsen notes that while Ethereum’s current net inflation rate of 0.7% per year is still significantly lower than other L1s, the decreasing profitability of infrastructure layers like …

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Ethereum Faces Inflationary Pressure: Has The Ultra Sound ... - Bitget

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Hartvigsen notes that while Ethereum’s current net inflation rate of 0.7% per year is still significantly lower than other L1s, the decreasing profitability of infrastructure layers like …

bitget.com

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Ethereum Bulls Eye $20K Despite Recent Slump And Supply Inflation

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2 days ago · The narrative at the time of the Merge in late 2022 was that Ethereum fee burning through EIP-1559 would outpace production, and that was the case until April 2024, when …

cryptopotato.com

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Bitcoin Nears $98K, Ethereum Hits $3,300 As US CPI Data

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9 hours ago · The Federal Reserve has expressed concerns over persistently high core inflation, even as overall inflation shows signs of decline. Bitcoin, which had mostly stayed below …

moneycontrol.com

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Ethereum's 'Ultrasound Money' Myth Crushed As Inflation Surges …

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Oct 4, 2024 · Ethereum’s inflation rate has reached its highest level in the last two years, standing at 0.74%, according to a recent report from Binance Research.. This increase raises questions …

crypto-economy.com

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Ethereum Prepares For 30% Price Rally After Reaching ... - FX Empire

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1 day ago · Ethereum rebounds 9.25% from its “ultimate buy zone,” signaling a potential 30% rally. ... Brent Faces Key $82 Resistance Wed, 15 Jan 2025 06: ... a reversal in funding rate …

fxempire.com

FAQs about Ethereum inflation rises, threatens ‘ultrasound money’ status: Report Coupon?

Does Ethereum have a 'ultrasound money' narrative?

Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound money” narrative, according to Binance’s October 2024 Monthly Market Insights report. ...

Why did Ethereum's inflation rate hit a two-year high?

Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report. Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. ...

Is ETH inflationary?

In an X post on Thursday, crypto analyst Thor Hartvigsen said that while ETH has become inflationary, the high supply has no negative impact on stakers as the new emissions also flows to them through staking yields. However, non-stakers bear the burden of the rising supply as they suffer a net value dilution of ~0.7. ...

What is Ethereum (ETH)?

What is Ethereum? Ethereum is a decentralized open-source blockchain with smart contracts functionality. Serving as the basal network for the Ether (ETH) cryptocurrency, it is the second largest crypto and largest altcoin by market capitalization. ...

How does Ethereum work?

Ethereum uses decentralized blockchain technology, where developers can build and deploy applications that are independent of the central authority. To make this easier, the network has a programming language in place, which helps users create self-executing smart contracts. ...

Is Ethereum still a good investment?

"Ethereum no longer carries the ultra sound money narrative [,] which is probably for the better. The high $100 tx fees on mainnet were never sustainable and the network is now more usable," he added. Ethereum is trading around $2,520 on Thursday, up 0.5% on the day. ...