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Viewpoint: After the upgrade of ETH, the income will be significantly reduced, and the Ethereum era may have come to an end.

Viewpoint: After the upgrade of ETH, the income will be significantly reduced, and the Ethereum era may have come to an end.

CointimeCointime2024/11/07 14:11
By:Cointime

On November 7th, it was reported that according to Ethereum supply data analysis, the supply of ETH is greater than the amount being burned, with 11,431 ETH added in the last 7 days. Ethereum's income and ETH supply burning have significantly decreased, with total income being 69% lower than the average of the 150 days prior to the upgrade, and ETH burning being more than 80% lower than the average of the 150 days prior to the upgrade. The majority of industry professionals consider Ethereum's upgrade to be a failure in many cases.

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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.

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