Ethereum's Supply Surges: $47 Million Worth of ETH Added in 30 Days
Ethereum's recent supply surge has raised concerns among crypto enthusiasts as over $47 million worth of Ether (ETH) tokens were added to circulation within the last 30 days. The development comes as a surprise to many E...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The development comes as a surprise to many Ethereum proponents who expected the transition to proof-of-stake (PoS) last year to make ETH a deflationary asset.
The surge in supply can be attributed to the decline in transaction activity on the Ethereum network....
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Why this matters
This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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