According to ChainCatcher, Blockworks reported that Ethereum is experiencing the longest inflation period in history. Since mid-April, the circulating supply of ETH has increased for 72 consecutive days, adding nearly 50,000 ETH (about 168.7 million US dollars). Although Ethereum holders usually benefit from the net supply destruction brought about by the increase in supply scarcity, the opposite is currently the case - Ethereum is becoming less scarce, and the base fee is at a low point in the past two years.
Since the merger in September 2022, Ethereum has only been in a state of inflation for a long time in a few cases, the longest of which was 40 days shortly after the hard fork and 30 days at the end of last year.