Ethereum’s EIP-155 upgrade went live last year. The improvement proposal significantly changed Ethereum’s monetary policy and introduced the whole burning mechanism.
Post the upgrade, even though burning was implemented, ETH’s price did not react to it immediately. More so because the issuance was higher than that of the burning rate. However, on a couple of occasions when the burning rate has accelerated, ETH has noted minor relief upticks simultaneously. At the moment, however,…
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