Ethereum became the most deflationary in its history, as the annual supply dipped below zero for the first time since the Merge.
According to Ultrasound Money, the annual inflation rate has fallen to -0.032/year, which indicates that the network is now burning more Ethereum than its minting.
The negative inflation rate has decreased Ethereum’s net supply by 5,598 since Ethereum switched to proof-of-stake consensus on September 15.
Within a 7-day timeframe, Ethereum has burned 1,044k tokens…
Source link
