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Deflationary Asset

All articles tagged with #deflationary asset

cryptocurrency2 years ago

Ethereum's Shanghai Upgrade and Its Impact on Price and Institutional Investment.

The upcoming "Shanghai" upgrade of Ethereum is expected to increase liquidity and trading of ether, possibly attracting more institutional capital into the crypto economy. The upgrade will democratize the staking process, leading to increased security and decentralization of the network. The implementation of EIP-1559 turned ETH into a deflationary asset, increasing its value over time. The upgrade is a crucial step towards increased institutional adoption of cryptocurrencies, and ETH may become one of the world's top three most valuable assets in the next decade. While there may be limited selling pressure on the Ethereum market in the near term, investors should thoroughly research and understand the potential risks and rewards before making any investment decisions.