Ethereum’s income, the proportion of network rates that accumulate Ether (ETH) holders as a result of tokens burns, fell by approximately 44% in August, even in the midst of ETH prices all time.
Income for August totaled more than $ 14.1 million, below the $ 25.6 million in July, according to Token Terminal. The fall occurred in the middle of an ETH increase by 240% since April and ETH reaching a historical maximum of $ 4,957 on August 24.
Network rates also fell by approximately 20% of the month of month, falling from approximately $ 49.6 million in July to around $ 39.7 million in August.
The monthly rates of the Ethereum network fell by order of magnitude after the Dencun update in March 2024, which significantly reduced the transaction rates for the scale networks of layer 2 that Ethereum use as a base layer for post transactions.
The increasingly reduced rates and income from the network have caused a debate on the viability of Ethereum, and critics say that the Layer-1 smart contract platform has unsustainable foundations and proponents that argue that it is the backbone of the future financial system.
Related: Ethet Etfs Post Straight Departure Week in the middle of a slight price dep
Ethereum Courts Institutional Interest in 2025
The Ethereum Network has had an 2025 event, since the community launches the Blockchain platform to Wall Street companies and ETH public treasury companies emerge, which raises ETH prices to historical maximums.
Etherealize, a defense and public relations firm that markets the Ethereum Network to companies that are quoted in the stock market, announced that it completed a capital increase of $ 40 million in September.
Matt Hougan, the investment director (CIO) of the Bitwise investment firm, told Cointelegraph that institutional and traditional financial investors are attracted to Ether’s performance characteristics.
https://www.youtube.com/watch?v=20ZFEDQDKL8
“If you take $ 1 billion ETH and you put it in a company and the bet, suddenly, you are generating profits. And investors are really accustomed to companies that generate profits,” said Hougan.
These companies are exploring Ethereum rethinking, blocking their ETH tokens to ensure the network, obtaining performance to provide validation services to the Blockchain smart contract platform of layer 1.
Magazine: How Ethereum Treasury companies could trigger ‘Defi Summer 2.0’
