The popularity of Ethereum has revitalized the ETH chain. Previously, gas dropped below 1, and now gas is basically above 10. Now there are about 100 transactions per second, and each block burns 0.2ETH. The gas to maintain zero net issuance is 22.4gwei.
So on the surface, the chain is hot, but in fact, ETH is still inflationary, and it does not mean that ETH has become completely strong🤡
When btc was 60000u for the first time, ETH was 3800u
When btc was 60000u for the second time, ETH was 3100u
When btc was 60000u for the third time, ETH was 2800u
When btc was 60000u for the fourth time, ETH was 2400u
Family members of Ethereum, don’t open champagne halfway, open it when you get to the station!
