🚀 **Ethereum's "Ultrasound Money" Narrative Faces Inflation Challenge!** 🚀
Hold onto your crypto wallets, folks! Ethereum's inflation rate has surged to 0.74%, raising eyebrows and questions about its "ultrasound money" status. 📈
- **Binance's October 2024 Report**: ETH issuance is at a two-year high, thanks to reduced onchain activity and lower burn rates.
- **Layer-2 Impact**: Solutions like Arbitrum and Optimism are lowering gas fees, reducing ETH burns.
- **Vitalik's Take**: Buterin supports lowering the solo staking requirement to boost participation.
What do you think? Drop your thoughts below! 👇