Ethereum’s highly anticipated Pectra upgrade went live yesterday and is already beginning to impact the network’s supply dynamics. On-chain data reveals a sharp dip in the coin’s circulating supply, now at an 18-day low.
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Pectra Upgrade Spurs Ethereum Network Activity, Pushing ETH Closer to $2,000
Ethereum’s highly anticipated Pectra upgrade went live yesterday and is already beginning to impact the network’s supply dynamics. On-chain data reveals a sharp dip in the coin’s circulating supply, now at an 18-day low.