Ethereum Inflation Rises as Onchain Activity Declines; $35.31M Added in 17 Days – Altcoins Bitcoin News
October 12, 2023
Ethereum’s shift from a deflationary to an inflationary model has witnessed a 0.178% uptick in the last 17 days. During this period, the network added 22,502 ether, valued at $35.31 million, to its total supply.
Ethereum’s Growing Inflation Fueled by Onchain Downturn
Previously, Ethereum maintained a deflationary stance, primarily due to the London hard fork’s EIP-1559 and the notable shift…