Ethereum net supply soared by 15,667, with a growth rate of 0.679%! Will ETH face new challenges in the future?
The latest data shows that Ethereum's net supply has increased by 15,667.63 in the past 7 days. Although 2,582.58 ETH were destroyed through the destruction mechanism, the new supply still reached 18,250.21 ETH, with an annual growth rate of 0.679%.
This increase in supply means that Ethereum's inflationary pressure is increasing, which may bring considerable downside risks to prices. Especially in the current weak market environment, the increased supply may suppress ETH's short-term price.
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