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ETHEREUM SUPPLY CLIMBS TO PRE-MERGE UPGRADE LEVELS; ANALYSTS POINT TO DENCUN 'BLOB' UPDATE

links.tldrnewsletter.com4 min read

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.