Heads up: Vitalik posted on X that valuation support from ETH burns isn’t a true floor, since the revenue driving the burns mainly comes from uses within the crypto ecosystem. If the price of ETH falls sharply, the ability to pay for those uses will also decline.
Overall, the outlook is somewhat positive. $ETH is currently at 2241.19.
The more buzz a story gets, the more important it is to see which side the money is on. What do you think?