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✔️ Impact of unichain's launch on Ethereum
Concerns have been raised that Unichain could cause Ethereum to depreciate.
Because Ethereum is an infinite issuance asset, it becomes valuable only when its usage is higher than its issuance volume, but with the recent increase in Ethereum's gas consumption, large DApps such as Uniswap are trying to reduce gas consumption by creating L2.
This could lead to a devaluation of Ethereum.
• In the past month, there have been about 39,000 incinerated Ethers, while there have been about 78,000 issued Ethers, and Ethereum is growing by about 39,000 per month.
In addition, there are about 7,242 ethers incinerated by Uniswap for gas rain, accounting for about 18.41% of the total incineration.
This could be a contributing factor to Ethereum's depreciation.
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