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Mirka
@mikrumi
Ethereum has been experiencing price fluctuations, with recent activity on Layer-2 (L2) solutions like Arbitrum and Optimism creating an interesting dynamic. While L2s have lower fees, only the base fees on Ethereum’s mainnet are burned, meaning ETH’s supply has been increasing. Despite this, the price remains relatively stable, albeit underperforming compared to Bitcoin. This indicates that while L2 solutions are expanding, they haven’t driven enough fee burn to make Ethereum deflationary again .
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