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Ethereum Price Forecast: ETH could see renewed demand if staking issuance drops — Grayscale
Ethereum could control its rising supply growth, boost scarcity and strengthen its store-of-value thesis by reducing staking rewards, according to Grayscale in a research report on Tuesday. The asset manager noted that ETH's net issuance has been on the rise as base transaction fees, which are usually burned to offset new issuance, have declined following a series of network upgrades that pushed more economic activity to Layer 2 (L2) platforms. While the Ethereum Foundation (EF) recently rerouted its roadmap to prioritize L1 scaling, competition with other top blockchain networks means developers will continue to ... (full story)
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