Ethereum as a Token Becomes Scarcer The bigger story is ETH itself. Before Fusaka: - ETH burn was dropping - L2 usage wasn't helping ETH -Supply was slightly inflating After Fusaka: - L2 activity becomes burn-positive - ETH demand increases indirectly - ETH supply pressure
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Ethereum as a Token Becomes Scarcer The bigger story is ETH itself. Before Fusaka: - ETH burn was dropping - L2 usage wasn't helping ETH -Supply was slightly inflating After Fusaka: - L2 activity becomes burn-positive - ETH demand increases indirectly - ETH supply pressure