Six Important Considerations for the Ethereum Price Going in Q4 2023

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Six Important Considerations for the Ethereum Price Going in Q4 2023
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Ethereum is the longstanding second-largest cryptocurrency by market capitalization. Its market cap is in the $180 billion as we head into the second half of October 2023. .

But on the 6-month chart, Ether’s price is down 25%, with a 4.72% decline in the last 30 days. Investors are keen to know the next moves on major crypto exchanges.1. Low Fees Driving Ether Inflation Lower gas fees could attract more users and developers to Ethereum. But they are driving Ether inflation by burning fewer tokens than new ETH issuance by stakers.by 33,500 ETH .

The average wait time to stake ETH has fallen from 45 days to an hour and fifty minutes. This isn’t all bad for the price. One of the reasons for falling staking demand is the rise of liquid staking options like Lido.are creating

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