Bernstein: Small Economic Recovery Would Turn Ether's Tokenomics Favorable

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Bernstein: Small Economic Recovery Would Turn Ether's Tokenomics Favorable
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.BernsteinBuzz forecasts monthly active users to grow to around 500 million for the Ethereum stack by 2032 from about 8.5 million currently. By willcanny99. BernsteinGautam

The broker estimates that the breakeven level of daily fees needed to fully offset gross ETH issuance is around 2,100 ETH, which is where current levels stand, meaning that there is a small reduction in outstanding supply.

“Ethereum’s modular approach to scaling will improve transaction speed and affordability,” the note said, and lower fees will allow more users to come onto the blockchain. The Layer-2 scalability roadmap will lead to the launch and adoption of Ethereum-compatible zero-knowledge rollups, and Bernstein forecasts monthly active users for the Ethereum stack to jump to about 500 million by 2032, from around 8.5 million currently.

are Ethereum layer 2 protocols that help process transactions separately from the main network to help increase speed and lower costs.

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