Ethereum prices rise again for the first time since the merger

the Ethereum prices He has gone through a group of market movements over the past few months, but this does not mean that investors have no reason to stay optimistic. Most predictions indicate that the currency will be on an upward path this year and that growth is scheduled to continue in 2025 as well.

This will not be a surprise for most investors and market analysts who know this is the natural progress of the market and that the encryption prices are in a decline again.

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Economic inflation

May 2024 represents the first time that Ethereum became inflated since the integration upgrade, which occurred in mid -September 2022. At that time, the market was moving one of the lowest points in its history, and the impact of the bear market was very strong.

Since then, the show has turned away from the shrinkage course, partly due to the effect of DENCUN upgrade. The total show jumped to 120.1 million on May 7, a slight but noticeable increase compared to 120 million on March 12.

Ether inflation has become again, the first time that this happened since the transformation of the consensus model is to prove consensus. However, many analysts believe that this will not have a simple effect on the market in the end because the ETHEREUM power lies in decentralized applications.

The reason for the shrinkage strategy was to enter a mechanism that constantly burned treatment fees. This naturally led to a decrease in supplies in general, as more than 400,000 coins were removed from the circulatory circulation forever.

Ultrasound funds

The concept of ultrasound money in Mimi is that the Ethereum community reached it to describe the distinctive symbol of scientists. A vital part of any such model is that it follows the inflationary and standardized principles so that when the inflationary supply increases, the price decreases down, and the shrinkage supply becomes scattered due to the burning of the distinctive symbol.

The idea behind ultrasound funds is that the rate of burning exceeds the emission, a model that can enhance the length of ETHEREUM rare in the long term and lead to a significant valuable estimate.

In the aftermath of the DENCun promotion, medium transactions fee became less than four times cheaper than previous times for similar network activity rates. However, while this is a positive change for both the network and the user’s community, it may also be the end of Ethereum Ultra-Sound.

The narration may not be able to stay along with inflationary pressure, and the main reason is that the amount of structural decrease from the burned transactions fees will not reduce the total ETHEREUM supplies.

Electronic attacks

Although encrypted currencies are now more common among investors from all over the world, and even many of those who have not participated in trading may have an approximate idea of ​​what digital currencies, electronic attacks on Blockchain platforms, unfortunately, are still common. Recently, the user has become a target of the fraud that spends the address.

This is a trick in which the fraudsters send digital assets to a wallet similar to the victim’s title, making it part of the date of the treatment that is included in the wallet. The idea is to make the victim wrongly and send money by mistake to their addresses. The attacker’s scope was completely wide, as the equivalent of about 68 million dollars extracted from one victim.

Now, the attack, which often obtained the Bitcoin wrapped, sent about $ 153,000 of the ether in what appears to be good faith. They have also announced that they are open to negotiations, and they are asking the victim to provide the correspondence service account in terms of being contacted.

The victim was ready to give up 10 % of the money if the rest was returned, claiming that there would be no legal prosecution if these conditions are met.

3 thousand dollars

The price of ETHEREUM is expected to grow throughout the rest of 2024, but there are still obstacles that the ecosystem must overcome to this point. Currently, the rapidly speculative difference means that ETH was clinging to the support level of $ 3,000.

This trend refers to the performance gap between Bitcoin and Ethereum over the past year, which consisted of the poorest performance rates for Ethereum. During the last session, Ether found itself on the losing side again, and holders of those who hold other and more dangerous losses.

While Bitcoin was not in the strongest either since half, the Ethereum landing was much more effective and with the effects that reach further. Ethereum had to withstand a pulling structure, however he sees many shallow corrections.

This is something that shows that the environment has become more flexible during retreat, and it is a sign that the maturity and unification of the market may be ongoing. This also means that pure volatility will witness a sharp decrease through the scene of the entire digital assets.

The decrease in the most dangerous ETHEREUM by -21 %, which is much higher than ETHEREUM, which decreased to -44 %. Unfortunately, this is not a new thing, but it is part of the continuous direction that was continuing for about two years.

While there are also gains, the comprehensive trend indicates an overwhelming majority towards slowing down. This means that the ETH/BTC ratio is similarly weaker. Although it showed signs of decline recently, there are many investors who are concerned about the possibility of more losses.

Organizers

The issue of organizers in the encryption space has been constantly related as lawmakers are trying to find the best recipe for the scene of digital assets. The fact that coins, symbols, and systems that are mainly operated are mainly, do not prefer any preferences when it comes to implementing regulations.

Currently, most investors are still waiting for information that can provide more ideas about the state of money on the stock exchange based on ETHEREUM. Approval of this asset category will give prices an immediate boost and help the currency reach new horizons.

At the same time, it seems that long -term term holders are not ready to start selling any time soon, although healthy profit margins have been reached, which again indicates that many of them are not convinced of the general stability of the market.

If you are an investor, remember to be careful during this time of the increasing fluctuations to ensure your money and the head of the owner remain safe and healthy.