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The lowdown on how Ethereum’s demand-supply dynamic will evolve
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Thousands of digital assets have been launched over the years, and thousands will bite the dust in the coming decade. Irrespective of that, Bitcoin and Ethereum are here to stay and develop, but a majority of the evolving is currently being manifested by the latter asset.
Since the London hard fork, Ether’s tokenomics changed for the good, with the current burning protocol in place. The high transaction fee issues still persist, as highlighted by bitinfocharts, where the average fee is worth over $50.
However, it is important to analyze the compounding effect of network change and how it may cause potential price developments.
Source: Twitter
According to CryptoQuant, the Ethereum supply rate of change has approached a zero value since the
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