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Citi: Ethereum’s Merge Will Have Several Consequences for the Blockchain

Ethereum will probably become deflationary as token issuance decreases while the burn mechanism is maintained, the bank said.

Updated Apr 9, 2024, 11:15 p.m. Published Aug 5, 2022, 10:51 a.m.
Ethereum's Merge will have a number of outcomes, Citigroup wrote in a note. (Bradley D. Saum/Shutterstock)
Ethereum's Merge will have a number of outcomes, Citigroup wrote in a note. (Bradley D. Saum/Shutterstock)