According to Odaily Planet Daily, crypto trader and founder of Into the Cryptoverse Benjamin Cowen said that if the supply of ETH continues to grow by 60,000 per month as it has since April, then by December its supply will return to the level when it merged two years ago.

Ethereum began to turn deflationary after the merger, with the supply decreasing by about 455,000 by April 2024. However, since then, its supply has increased again by about 150,000.