📊 Analyzing Ethereum's Evolving Supply Dynamics
Key on-chain metrics suggest Ethereum's net issuance is trending negative, with burns from transaction fees consistently outpacing new issuance under moderate network activity.
Factors to watch:
• EIP-1559 burn mechanism
• Staking ratio and withdrawal patterns
• Layer-2 adoption reducing mainnet settlement
While not guaranteed, these structural trends could lead to a increasingly tight supply environment if demand persists.
