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@plhung16 @flkx @flr 0x35EC60aE56bb3901366a508F0863E84577CB797E
I just collected "Farcaster: Lion"
Ethereum 2.0’s upgrade directly impacts ETH price by increasing staking rewards and reducing circulating supply. Staking Rewards Impact: With higher staking yields, more users are incentivized to lock up ETH, reducing sell pressure. The introduction of withdrawals post-upgrade ensures a more liquid staking market, attracting new participants. Supply and Demand Shift: The burn mechanism (EIP-1559) combined with staking reduces ETH’s inflation, making it scarcer over time. Institutional interest in yield-generating ETH increases long-term holding, boosting demand. Price Outlook: Short term: Volatility due to staking unlocks and profit-taking. Long term: Bullish, as more ETH is staked, reducing available supply and driving sustained price appreciation. Ethereum 2.0’s progress strengthens ETH’s fundamentals, making it more attractive for both investors and DeFi users.
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