Ethereum's return to its deflationary state thanks to the Pectra update!

🔥 In just the last 24 hours, over 38,000 ETH have been burned, reducing the circulating supply and enhancing the asset's scarcity.

These developments support the bullish outlook for Ethereum in the medium term, especially with the increasing reliance on the network following the recent update.

#Ethereum #ETH #Pectra #Ethereum_Burning #Cryptocurrencies #Blockchain_Updates 2160295103431430798485