According to ultrasound money data, the ETH supply has been expanding since April 14, adding more than 112,000 ETH. A large part of this inflationary activity can be traced back to the Dencun upgrade passed on March 13th, which introduced original danksharding and EIP-4844 introduced blobs, which made it significantly less expensive to execute transactions on Ethereum Layer2, but mainnet burns The total amount of ETH has also been significantly reduced. However, more than $1.1 billion worth of ETH has been destroyed since the merger. (Cointelegraph)