Ethereum’s Ongoing Inflation: 350,000 ETH Issued in Six Months Amidst Fluctuating Burn Rates

According to recent insights from COINOTAG News, as of November 12, Ethereum (ETH) has experienced an inflationary trend since mid-April, with approximately 350,000 ETH issued within the last six months. Notably, March saw the highest level of ETH burn during the past year, coinciding with Bitcoin’s initial surge to an all-time high. However, since April, the amount of ETH that has been systematically burned has demonstrated a downward trajectory. The brief spike in early August can be traced back to the prevailing Memecoin frenzy, although this uptick was short-lived. Overall, the volatility showcased over the past year highlights the dynamic nature of the Ethereum ecosystem, as market fundamentals continue to shape supply and demand effectively.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.