Be bullish about EtherETHThe price of the stock dropped 44%, from $4600 to $4,600 in four months. Partly due to network congestion (average transaction) and the decentralized finance applications growth that fuelled the rally, this price dropped 44% from $4,600. Additional fees up to $30.

You can also attribute the cooling-off period to unrealistic expectations. Mechanism for fee burningImplemented in August 2021 using the London hardfork. Investors quickly came to the conclusion Ether would be “ultrasound cash” after drastically decreasing daily net issuance.