Fidelity Report: Ethereum experienced high inflation in Q2, with the total supply increasing by approximately 110 thousand ETH
Powered by ChatGPTOdaily Planet Daily News Fidelity Digital Assets stated in a recent report that the Ethereum blockchain experienced its highest inflation period in the last quarter, with a total supply increase of approximately 110 thousand $ETH, equivalent to an annual inflation rate of 0.37%. Analysts Daniel Gray and Max Wadington wrote, "Although Ethereum's supply is unlikely to experience drastic fluctuations in the short to medium term, the growing preference for low-fee L2 platforms by users and the increasing demand for staking indicate that inflation periods may become more frequent." The report stated 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)