Is ETHEREUM LOSING Its Deflationary Edge? 😨

The recent Dencun upgrade on #Ethereum has sparked debate. While it aimed to reduce transaction fees🔻, it appears to have come at a cost. $ETH supply is now growing at its fastest daily rate since the Merge, due to a significant drop in the amount of fees burned.🔥

This raises concerns about Ethereum's long-term deflationary status, a key driver of its price in the past. Some argue this could impact its value proposition. Others believe the network improvements outweigh the temporary supply increase.

What does this mean for you? 🤔

It's a complex situation with no easy answers. This news may cause short-term volatility for #ETH .⚠️

However, the long-term impact on price remains to be seen.

What's Your opinion on This ❓