Ethereum Price Prediction as New EIP-8361 Proposal Draws Community Backlash

Ethereum (ETH) price is up by 0.88% today, August 5, to trade at $1,876 at the time of writing. These slight gains come as several Ethereum developers submit an EIP proposal seeking to abolish validator rewards if the total amount of staked ETH exceeds 50% of the coin’s supply. The proposal has now attracted backlash