🚨 ETH SUPPLY IS RISING AGAIN
Ethereum just saw its supply increase by 20,125+ ETH in the past 7 days. 👀
The reason? Around 20,515 ETH was issued, while only about 390 ETH was burned during the same period.
That means issuance is currently overwhelming the burn mechanism.
This is an interesting shift because Ethereum’s supply can become deflationary when network activity is high enough for ETH burns to exceed new issuance. Right now, the opposite is happening.
It doesn’t automatically mean ETH is bearish but it is definitely a metric worth watching.
If network activity picks up and fees rise, the burn rate could increase again. 🔥
For now, the question is:
Will ETH supply growth continue, or will the burn mechanism catch up?
#Ethereum $ETH
Ethereum just saw its supply increase by 20,125+ ETH in the past 7 days. 👀
The reason? Around 20,515 ETH was issued, while only about 390 ETH was burned during the same period.
That means issuance is currently overwhelming the burn mechanism.
This is an interesting shift because Ethereum’s supply can become deflationary when network activity is high enough for ETH burns to exceed new issuance. Right now, the opposite is happening.
It doesn’t automatically mean ETH is bearish but it is definitely a metric worth watching.
If network activity picks up and fees rise, the burn rate could increase again. 🔥
For now, the question is:
Will ETH supply growth continue, or will the burn mechanism catch up?
#Ethereum $ETH
