📉 Ethereum's circulating supply has been increasing steadily for the last 72 days, increasing by approximately 50,000 ETH (approximately $168.7 million) since mid-April. 😮 However, Ethereum is now becoming less rare and base fees are at their lowest level in the last two years. 📊 The number of transactions on the Ethereum mainnet is increasing and Layer2 activity is booming.

🔍 Ethereum has wiped out a huge amount of supply since the merger, although it was mostly pre-blobs. In total, 1.71 million Ethereum (about $5.8 billion) was destroyed and 1.36 million Ethereum (about $4.46 billion) was mined, meaning the supply decreased by 346,000 Ethereum (about $1.17 billion). 📉