Ethereum Supply Rises by 20,125 ETH in a Week, Breaking Post-Merge Trend

BitcoinWorld Ethereum Supply Rises by 20,125 ETH in a Week, Breaking Post-Merge Trend Ether’s total supply has increased by more than 20,125 ETH over the past seven days, according to data cited by Cointelegraph.

This marks a notable shift from the deflationary trend observed after the Merge, raising questions about network activity and market implications. Why Is ETH Supply Growing?

The increase in Ether supply is primarily driven by the balance between new issuance and the burn mechanism. Since the Merge, Ethereum has often been net deflationary, meaning more ETH is burned through transaction fees than is issued to validators.

However, when network activity drops, the burn rate decreases, allowing issuance to outpace it. Over the past week, lower-than-average transaction fees and reduced network congestion have likely contributed to this supply growth.