[Golden Financial News] According to ultrasound.money data, since April 14, the total supply of Ethereum has increased by more than 112,000 coins, mainly due to the Dencun upgrade on March 13. The upgrade introduces nine Ethereum Improvement Proposals (EIPs), of which EIP-4844 introduces the blob mechanism, a mechanism to temporarily store transaction data separately to reduce the block data of payments on the Ethereum second-layer network cost. While this reduces the cost of executing transactions on Ethereum second-layer networks such as Abritrum and Optimism, it also results in a significant reduction in the total amount of ETH burned on the mainnet.