⚡️ The recent #Dencun upgrade caused transaction fees on #Ethereum to plummet, resulting in the amount of $ETH coins burned also dropping to its lowest level since the Merge. This causes the ETH supply to increase at an unprecedented rate.

Data #CryptoQuant shows that the Dencun upgrade on the Ethereum network has caused the ETH cryptocurrency to return to inflation, threatening its "supersonic" properties. Previously, high transaction fees on Ethereum helped burn more ETH, leading to a decrease in ETH supply.

If network activity remains at current levels, Ethereum cannot deflate anymore and the story of ETH being "hypermoney" may be over, unless network activity increases further to compensate for the inflation. broadcast.