On the Ethereum network for the first time after The Merge, deflation was recorded

Over the past seven days, the Ehtereum offer has decreased by 0.13%. Deflation on the network was recorded for the first time since the transition to the consensus algorithm Proof-OF-Stake.

The issue became negative against the background of the launch of Xen Crypto. Over the past seven days, the project burned 3780.7 ETH (~ $ 4.8 million). According to this indicator, he is more than three times ahead of Uniswap V3 (1250.9 ETH).

Users indicated the signs of the pyramid in a project whose capitalization does not exceed $ 0.5 million.

The Best Thing is That’s a Ponzi

– NYAX.ETH (@bosfik2) October 9, 2022

“In the new [scheme] Ponzi you can release token for free […]. Users do this, pushing up the price of gas. I don’t care what kind of project, but he led to Ethereum Южнокорейская технологическая deflation. Now that we have overcome the barrier of 15.3 Gwei, you are observing a reduction in the offer “, – said the co -founder of EthHub Anthony Sassano.

The average commission on Ethereum jumped up to 24 gwei.

After The Merge, the rate of emissions decreased by 90% due to a decrease in the reward of validators compared to the reward for miners as part of the consensus algorithm Proof-OF-WORK.

Recall, despite the successful update of The Merge, the price of Ethereum lost 14.5%in September, follows from the FORKLOG report.

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