Ethereum 2.0’s full transition (2025) will slash inflation from 4.5% to 0.5% annually, boosting ETH’s scarcity. Staking rewards will drop from 4.5% to 1.5–2% as validators hit 1M, reducing yield-driven demand. However, EIP-4844’s rollup optimization (100x cheaper L2 fees) will cement ETH as Web3’s settlement layer, increasing utility demand. Historical data shows 2M ETH staked in 2024 correlated with 50% price gains; 2.0’s completion could accelerate this, with ETH’s “ultrasound money” narrative attracting long-term holders despite lower staking yields.

Explore the EIPs / ERCs mentioned in this cast: