According to Odaily, Fidelity Digital Assets recently released a report indicating that the Ethereum blockchain experienced its highest inflation period last quarter, with the total supply increasing by approximately 110,000 ETH, equating to an annual inflation rate of 0.37%. Analysts Daniel Gray and Max Wadington noted that while Ethereum's supply is unlikely to see significant fluctuations in the short to medium term, the growing preference for lower-fee Layer 2 platforms and increased staking demand suggest that inflation periods may become more frequent.

The report also highlighted that since April of this year, the number of validators on the Ethereum network has increased by 5%. Additionally, the recent introduction of restaking could further boost staking demand.