Ethereum Investment Thesis 2022 from a Valuation Standpoint.
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1/ The Merge.
Expected to be shipped in Q2, ETH's tokenomics will greatly improve as it emerge as the only sustainably deflationary native L1 asset in the entire crypto industry.
An asset which becomes increasingly valuable with time.
$ETH is truly Ultrasound. π¦π
2/ Today, approximately 5.4 million $ETH are being issued to miners every year, and most of these mining rewards are being sold into the open market to cover for unavoidable mining expenses (electricity, rent, maintenance and other overhead costs).