Ethereum supply grows by 2,955 ETH a day as burn falls to 13.59 ETH
- —Circulating supply stands at 122.14 million ETH, up 86,479 ETH over 30 days
- —Burn totaled 2,460.75 ETH over 30 days, 213.54 ETH over 7 days and 13.59 ETH in 24 hours
- —Burn ratio fell from 2.77% over 30 days to 1.03% weekly and 0.46% daily
- —Daily network fees dropped to $213,212 from $466,000 the day before
Why it matters: Annualized issuance of about 0.89% erodes Ethereum's scarcity narrative and adds modest downward pressure on price.
Source: CryptoTicker