TechFlow news — Delphi Digital's latest report states that dApps built on the Ethereum network are driving up fees and creating scarcer bandwidth, but this is additive because on-chain value generated from activity does not inherently increase ETH's fundamental value. However, this situation has changed with the introduction of ETH2 proof-of-stake and the implementation of Ethereum Improvement Proposal 1559 (EIP-1559), which together provide ETH with a more effective long-term value proposition.
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