Two years post-Merge, Ethereum's deflationary effect has met expectations in terms of mechanics, with a significant net reduction in ETH supply since the transition; however, its perceived positive impact on price has been overwhelmingly overshadowed by broader macroeconomic forces and market sentiment.
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URPD charts likely indicate significant clusters of cost basis around $105,000, making it a crucial support zone; a break below could trigger further selling, while holding may encourage consolidation.
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Avalanche’s subnet upgrade significantly enhanced its scalability, now supporting 5,000 transactions per second (TPS). This improvement has attracted numerous gaming projects, with three new GameFi applications recently launched.
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