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

Odaily News Fidelity Digital Assets said in a recent report 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, the growing preference of users for lower-fee L2 platforms and the increase in staking demand 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)