Ether was a deflationary asset following the Merge, with the overall provide of the token dropping from 120.491 million to 120.097 million since September 2022. Nonetheless, the overall quantity of charges burned decoupled from community exercise following Dencun, that means that the pure improve in provide is outpacing the quantity burned in charges. Ether’s provide has thus elevated by 400,000 tokens since April.
