ETHEREUM SUPPLY HAS INCREASED SIGNIFICANTLY IN THE LAST SEVEN DAYS‼️

#Bitcoin

In the last seven days, Ethereum's net supply has increased by 15,667.63 ETH. According to Ultrasound.money data, this increase is due to the release of 18,250.21 ETH, while approximately 2,582.58 ETH is being burned to try to balance the supply.

During this process, the supply growth rate was determined as 0.679% annually. The fee burning mechanism, which started with the activation of EIP-1559, continues to destroy more ETH through transaction fees, keeping the network's supply growth in a dynamic balance.

#escoin #Binance #elg #ETH $BTC $ETH