"Ethereum's status as an ultrasound monetary system is becoming increasingly controversial, especially as supply is rapidly increasing. 📈 A month after the Dencun upgrade, more than 112,000 ether (ETH) were quickly added to the market.

Effects of Dencun:

Ethereum has seen many developments over the years. With Merge, which was launched in 2022, it moved from proof-of-work consensus mechanism to proof-of-stake. Dencun reduced the transaction fees of Ethereum's layer-2 networks by approximately 4x and expanded the capacity of the blockchain, increasing its scalability. 😎

ETH is Now Inflationary:

Since Dencun, Ethereum's transaction fees are low, meaning less ETH is burned. On-chain analysts believe that Ethereum is no longer deflationary as new ETH supply has turned positive. However, since the Merge the total supply of ETH has dropped significantly.

With Ethereum's post-Dencun inflation rate increasing, the purchasing power of ETH is decreasing, which could have a negative impact on investors. 😥

So, do you think Ethereum is still ultrasound money? We are waiting your comments! 👇"