Benjamin Cowen, a well-known market analyst, warns that if the current trend in Ethereum’s supply continues, its price could drop to levels last seen before the major network upgrade known as The Merge, which occurred in September 2022.
Possible Price Decline
Benjamin Cowen shared his forecast, suggesting that Ethereum’s supply has been increasing at a rate of about 60,000 ETH per month since April 2024.·
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