Ethereum’s circulating supply has increased by roughly one million ETH in recent months, highlighting a shift in the network’s supply dynamics as token issuance has recently outpaced the amount of Ether being removed from circulation through transaction fee burns. On‑chain data indicates that Ethereum’s total supply has expanded following a period when the network frequently experienced deflationary pressure. The change reflects fluctuations in network activity that influence the balance between newly issued ETH and the amount burned through the protocol’s fee mechanism. Ethereum’s monetary structure was ... (full story)