The supply of EtherEum tokens has increased rapidly to the pre -merge level, marking the longest inflation period of the network since shifting to proof of proof.
According to Ultrasound.money data, the total supply of EtherEum is now 120,521,673 ETH. This reflects the net increase in 542 ETH from 120,526,017 ETH recorded at the time of merge in 2022.
The recent supply of supply has been reduced to the change in Ethereum's basic charge, derived from the changes introduced in the DENCUN upgrade in March 2024. This was achieved by booking a block space for processing a transaction with a bundled transaction.
Furthermore, the PROTO-DANKSHARDING mechanism has improved data availability and greatly reduced basic rates.
The market observer pointed out that a decrease in transaction fees is to confuse Ethereum's deflationkanism and mint more ETH than to destroy the network. As a result, the supply reduction of nearly two years has been deleted within one year of the development of EIP-4844.
