Despite The Merge, Ethereum remains inflationary, and the declining NFT interest may be to blame. In a tweet today, Lucas Outumoro, head of research at IntoTheBlock, highlighted that the declining interest in NFTs might be why EIP-1559 is burning fewer ETH. According to Outumoro, there is a strong 0.58 correlation between NFT volumes and […]The post IntoTheBlock Head of Research Gives Reason For Reduced Ethereum (ETH) Burns first appeared on The Crypto Basic.
