According to Cas Abbé, Ethereum's Pectra Upgrade has significantly impacted ETH's tokenomics, with the annual inflation rate dropping from 0.7% to -0.53% just hours after the upgrade (source: @cas_abbe, May 8, 2025). This means ETH has become deflationary once again. Furthermore, the daily ETH burn rate has doubled post-upgrade, directly contributing to this shift. For traders, this renewed deflationary pressure could influence ETH price appreciation and liquidity, increasing its appeal as a store of value and potentially impacting trading volumes across major exchanges (source: @cas_abbe). Monitoring ETH's supply dynamics post-upgrade is critical for traders seeking to capitalize on these market changes.