Ethereum Supply Surpasses Burn Rate Amid Reduced Revenue

According to Odaily, recent data analysis on Ethereum's supply indicates that the supply of ETH currently exceeds the amount being burned. Over the past seven days, an additional 11,431 ETH has been introduced into circulation. Both Ethereum's revenue and the burning of ETH have seen significant reductions. The total revenue is now 69% lower than the average recorded 150 days before the upgrade, while the amount of ETH burned has decreased by over 80% compared to the same pre-upgrade period. This situation has led many industry experts to view Ethereum's recent upgrades as largely unsuccessful. The decline in both revenue and burn rate suggests that the anticipated benefits of the upgrades have not materialized as expected. The Ethereum community continues to monitor these developments closely, as the network's economic model and its impact on ETH's value remain critical areas of focus. The ongoing analysis of supply and burn rates will be essential in assessing the long-term implications of these changes on Ethereum's ecosystem.