Will Low Network Usage Hinder Ether's Deflationary Future?

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Although the Merge is expected to result in a decrease in ether's supply, making it a deflationary asset, low network usage may inhibit the anticipated positive effect.

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The average daily ether burn rate has crashed with a sharp slowdown in the network usage in DeFi, NFTs and other crypto sectors. (QCP Capital)
The average daily ether burn rate has plummeted in recent months, due to a sharp slowdown in network usage in the DeFi, NFT and other crypto sectors. This is bad news for those who have invested in ether, as the value of the currency is closely linked to its burn rate.

Will the burn rate bounce?

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