$ETH burn rate collapsed 99.5% since 2021
10,000 $ETH/day → 50 $ETH/day
L2s ate the fee revenue. Base prints billions while mainnet bleeds.
The ultrasound money narrative is dead. Supply inflation is back.
If you're long $ETH for deflationary mechanics, you're ngmi.
10,000 $ETH/day → 50 $ETH/day
L2s ate the fee revenue. Base prints billions while mainnet bleeds.
The ultrasound money narrative is dead. Supply inflation is back.
If you're long $ETH for deflationary mechanics, you're ngmi.