🪙 Ethereum is once again returning to an increase in the supply of ETH
Since September 2022, after the hard fork The Merge, the market supply of Ethereum has increased by more than 1 million ETH, exceeding 121.5 million coins. The current annual inflation is about 0.24%.
Initially, after the network transitioned to Proof-of-Stake (PoS), the number of coins in circulation decreased, but after the Dencun update in March 2024, the trend changed.
The update reduced fees for L2 networks by an average of 90%, which sharply cut the volumes of token burning.
Currently, over 38 million ETH is locked in staking, generating about 2800 ETH per day, while approximately 2300 ETH is burned daily.
⚖️ Result: slight but stable inflation of Ethereum instead of the deflationary dynamics of previous periods.
ETH
2,176.45
+3.58%