Ethereum ($ETH) ‘Could Be Moving Towards a Deflationary Future’, Say Citi Analyst

According to a Citi research report released on Monday (31 October 2022), following the Merge, it appears that Ethereum ($ETH) is on its way to becoming a deflationary asset. Ethereum’s Merge upgrade, which was completed on 15 September 2022, marked the Ethereum network’s transition from proof-of-work (PoW) consensus to proof-of-stake (PoS) consensus. Ethereum creator Vitalik […]