TLDR Crypto · QUICK LINKS
ETHEREUM SUPPLY CLIMBS TO PRE-MERGE UPGRADE LEVELS; ANALYSTS POINT TO DENCUN 'BLOB' UPDATE
Summary from the TLDR Crypto newsletter
Ethereum's token supply has jumped back up to pre-Merge levels, with analysts claiming the increase stems from the Dencun upgrade, which reduced the proportion of transaction fees being burned as blob transactions were introduced.