According to BlockBeats, on June 26, according to ultrasound.money data, the total supply of Ethereum has gradually increased to more than 112,000 since April 14.
Much of this inflationary activity can be traced back to the Dencun upgrade, which took place on March 13 and introduced nine Ethereum Improvement Proposals (EIPs), including EIP-4844, which appears to be the cause of the inflation.
EIP-4844 introduces the "blob" mechanism - a mechanism that allows transaction data to be separated and temporarily stored, thereby reducing the block data fees paid on the Ethereum Layer 2 network.
While this makes it significantly cheaper to execute transactions on Ethereum second-layer networks such as Abritrum and Optimism, the total amount of ETH burned on the mainnet is also significantly reduced as a result.
（Cointelegraph）
