Fidelity report: Ethereum experienced high inflation in Q2, with total supply increasing by about 110,000 ETH

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ODAILY
07-23
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Odaily Odaily News: Fidelity Digital Assets said in a report recently released that the Ethereum blockchain experienced its highest inflation period last quarter, with the total supply increasing by about 110,000 ETH, equivalent to an annual inflation rate of 0.37%. Analysts Daniel Gray and Max Wadington wrote: "While Ethereum's supply is unlikely to fluctuate dramatically in the short to medium term, users' growing preference for lower-fee L2 platforms and increased demand for staking suggest that inflationary periods may become more frequent." The report said that since April this year, the number of validators on the Ethereum network has increased by 5%, and the recent introduction of re-staking may further increase the demand for staking. (CoinDesk)

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