PANews reported on November 12 that according to monitoring by on-chain analyst @ai_9684xtpa, Ethereum has been in a state of inflation since mid-April, with an additional 350,000 ETH issued in half a year.

The peak of Ethereum destruction in the past year was in March this year (when BTC reached its first ATH). Since April, the amount of ETH destruction has basically been on a downward trend. There was a brief rebound in early August due to the hype of the Memecoin craze, but it quickly shrank.