Ethereum No Longer Ultra-Sound Money Amid Supply Spike

Ethereum’s network deflationary status is waning post-Dencun Upgrade, with data showing a notable increase in ETH supply since mid-April. The Dencun Upgrade in March, while beneficial in reducing transaction fees, has affected Ethereum’s deflationary status, a key selling point for long-term holders. Over 112,000 Ethereum Added to Overall Supply Despite initial hopes, Ethereum... source: https://beincrypto.com/ethereum-ultra-sound-money-supply-spike/