🔷In March, Ethereum faced challenges: on March 11, the price hit a two-year low of $1,759, then rebounded to $2,104, only to fall below $2,000 again by the end of the month. Network activity also declined by 20%, slowing down token burning and increasing supply.
🔷According to Gabriel Halm, analyst at IntoTheBlock, Ethereum’s moderate inflation rate (0.73% annually) isn’t critical. He believes market sentiment will remain the key driver, with macroeconomic trends likely to outweigh changes in token supply.
🔷Ethereum’s future in April will depend on developer activity, institutional interest, and the overall state of the crypto market.