[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Cas Abbé [@cas_abbe](/creator/twitter/cas_abbe) on x 96.6K followers Created: 2025-05-08 15:32:52 UTC Ethereum's Pectra Upgrade has been really successful. Hours after the Pectra Upgrade, ETH annual inflation dropped from XXX% to -0.53%. In simple terms, ETH has turned deflationary again. Also, daily ETH burn has doubled since Pectra Upgrade, which is the reason behind ETH's pump. We all know that ETH has been underperforming this entire cycle, due to lack of demand and increasing supply. If ETH burn increases, the supply issue will be resolved and it will eventually attract demand too. It feels like $3K ETH in Q2 is coming.  XXXXXX engagements  **Related Topics** [has been](/topic/has-been) [inflation](/topic/inflation) [ethereum](/topic/ethereum) [coins layer 1](/topic/coins-layer-1) [Post Link](https://x.com/cas_abbe/status/1920502165329551364)
[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]
Cas Abbé @cas_abbe on x 96.6K followers
Created: 2025-05-08 15:32:52 UTC
Ethereum's Pectra Upgrade has been really successful.
Hours after the Pectra Upgrade, ETH annual inflation dropped from XXX% to -0.53%.
In simple terms, ETH has turned deflationary again.
Also, daily ETH burn has doubled since Pectra Upgrade, which is the reason behind ETH's pump.
We all know that ETH has been underperforming this entire cycle, due to lack of demand and increasing supply.
If ETH burn increases, the supply issue will be resolved and it will eventually attract demand too.
It feels like $3K ETH in Q2 is coming.
XXXXXX engagements
Related Topics has been inflation ethereum coins layer 1
/post/tweet::1920502165329551364