![Can Ethereum [ETH] maintain its stability despite the hawkish circumstances?](https://i.headtopics.com/images/2022/11/28/cryptoamb/can-ethereum-eth-maintain-its-stability-despite-th-can-ethereum-eth-maintain-its-stability-despite-th-1597282425864089600.webp)
Ethereum’s burning rate was more than minting activities, resulting in a good supply rate Staking activities were actively operational, although it was insignificant to ETH’s price Ethereum [ETH] seemed to have sustained a good performance despite the unpleasant nature of the crypto market. This was the opinion of Easy OnChain, a CryptoQuant analyst. According to […]
In addition, staking activities were only one of many positive things with ETH 2.0. According to Glassnode, theAt press time, the participation was 99.262%. This implied that there was satisfactory network validator responsiveness. So, the validators hardly missed slots of Ethereum staked.
This also led to the sustenance of the increment as per theIn conclusion, these metrics showed that the Ethereum network was performing excellently. However, this performance might not translate to a price hike. Nevertheless, it was likely that ETH might sustain its deflationary condition unless a significant network impact occurred.Subscribe to get it daily in your inbox.
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