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Opinion: Revenue significantly reduced after ETH upgrade, Ethereum era may have come to an end

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2024-11-07 14:04:52
According to the news on November 7, as of now, from the perspective of Ethereum supply data analytics, the supply of ETH is greater than that of burning, with 11,431 ETH added in the last 7 days.
Ethereum's revenue and ETH supply burn were both significantly reduced, with total revenue 69% lower than the average of 150 days before the upgrade, and ETH burn more than 80% lower than the average of 150 days before the upgrade. The vast majority of industry players believe that Ethereum upgrades are often failures.
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