The $ETH is preparing for a new high — and the signs are everywhere. Since the change in the network system, ETH has become faster, more environmentally friendly, and, most importantly, scarcer. With each transaction, a portion of the coins is burned, which decreases the supply.
And the more people use it, the more ETH disappears from the market. This is causing the price to gain strength. With so many people locking up ETH in staking and the network growing again, many believe that the next peak is closer than it seems. Those who wait too long may end up entering late.