"Ether (ETH) new supply is in its longest stretch of inflation since The Merge in 2022, and the blockchain's Dencun upgrade in March appears to be to blame. 🚀

- ETH supply has been gradually increasing, with over 112,000 ETH added to the total supply since April 14.

- The Dencun upgrade introduced 9 Ethereum Improvement Proposals (EIPs), including EIP-4844, the main cause of inflation.

- EIP-4844 introduced "blobs" - a mechanism that allows for separate and temporary storage of transaction data, reducing fees paid for block data on Ethereum layer 2 networks.

- Dencun also introduced proto-danksharding, effectively increasing data availability for block spaces on the Ethereum mainnet.

- Total ETH supply has decreased significantly since The Merge, with over 1.5 billion ETH having been burned since September 2022, while 1.36 billion ETH has been added, resulting in a total supply decrease of 345,000 ETH , equivalent to more than $1.1 billion at current prices.

Let's comment on this situation!#cryptocurrency#ETH"