Ethereum (ETH) Burn Rate Plummets Dramatically, No Longer Deflationary?

$ETH saw a noteworthy decline in network activity and burn rate, raising some concerns among investors

Moreover, the current decline in activity on Ethereum's mainnet is not solely due to technical shifts. An equally crucial factor is the waning interest of institutional investors in the Ethereum space. Institutions, with their significant purchasing power, play a pivotal role in driving transaction volume and, by extension, the burn rate of.

As for institutional investors, the flow of interest from them into the crypto space is not uncommon and can be influenced by a myriad of factors, ranging from global economic conditions to regulatory shifts.

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