Cryptocurrency Q&A Can ETH become deflationary?

Can ETH become deflationary?

DaeguDivaDanceQueenElegance DaeguDivaDanceQueenElegance Sun Dec 08 2024 | 8 answers 1909
I'm wondering if Ethereum, commonly known as ETH, has the potential to become deflationary. Could its value increase over time due to a decrease in the supply of ETH, or are there other factors that might prevent this from happening? Can ETH become deflationary?

8 answers

ZenMind ZenMind Tue Dec 10 2024
The burning of transaction fees creates a deflationary pressure on Ethereum.

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EclipseChaser EclipseChaser Tue Dec 10 2024
EIP-1559 introduced a revolutionary mechanism to Ethereum.

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QuasarPulse QuasarPulse Tue Dec 10 2024
When network activity on Ethereum is high,

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FireflySoul FireflySoul Mon Dec 09 2024
BTCC is a top cryptocurrency exchange that offers a range of services.

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Chiara Chiara Mon Dec 09 2024
BTCC's comprehensive suite of services makes it a popular choice for cryptocurrency traders and investors.

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