News with the tag "ultrasound money"

Ethereum’s inflation rate hit a two-year high as layer-2 solutions curb transaction burns, challenging its deflationary promise, according to a new Binance Research report.

Ethereum (ETH) which is addressed as ultra-sound money due to its deflationary supply method, now appears to be facing new challenges that have prompted some analysts to question whether this narrative still holds. A prominent crypto analyst, Thor Hartvigsen, recently highlighted this issue in a det...