🚀 Ethereum's inflation rate hit 0.74%! Is "ultrasound money" getting a bit hard of hearing? 👂
Binance's October report shows ETH issuance at a 2-year high, thanks to lower on-chain activity and burn rates. Layer-2 solutions like Arbitrum and Optimism are stealing the show, reducing gas fees and ETH burns.
But hey, inflation's still below 1%! Vitalik Buterin even suggests lowering the solo staking deposit to boost network participation.
What do you think? Is ETH still the king of DeFi? Drop your thoughts below! 💬 #Ethereum #DeFi #Web3