🎈 Ethereum's (ETH) supply is on a growth spurt, the longest since the Merge in 2022, thanks to the Dencun upgrade in March. Over 112,000 ETH has been added since April 14. 📈 The Dencun upgrade brought in 9 Ethereum Improvement Proposals (EIPs), including EIP-4844, which seems to be the inflation culprit. It introduced "blobs", reducing fees on Ethereum layer 2 networks. However, ETH burning on the mainnet has reduced. Despite the recent inflation, ETH's total supply has decreased since the Merge, with a net reduction of 345,000 ETH, worth over $1.1 billion. 💰 Thoughts? 🤔