Despite becoming profitable, $ETH will not really give you any direct profits
To be precise, Ethereum also remains the only deflationary asset from the top 10 of the cryptocurrency market. The profitability of the blockchain does not benefit its holders or new investors. Deflation, on the other hand, can be considered as a strong speculative growth factor for the cryptocurrency in the future.
By forcibly decreasing the supply of the asset, third parties or decentralized machines might create a supply shock in which the lack of supply and elevated demand causes the price of an asset to reach extreme values.While the rallying Ethereum will bring prosperity to investors and traders, dApps users and developers will have no other choice but to make transactions with elevated fees and possible network congestion.
At press time, Ethereum remains deflationary, but due to the decreasing burning rate, the network's profit is going back to $0.
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