Ethereum’s Supply Surges: $47 Million Worth of ETH Added in 30 Days

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Ethereum’s Supply Surges: $47 Million Worth of ETH Added in 30 Days

Ethereum’s recent supply surge has raised concerns among crypto enthusiasts as over $47 million worth of Ether (ETH) tokens were added to circulation within the last 30 days.
The development comes as a surprise to many Ethereum proponents who expected the transition to proof-of-stake (PoS) last year to make ETH a deflationary asset.
The surge in supply can be attributed to the decline in transaction activity on the Ethereum network….
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