While Ethereum is often touted as a potentially deflationary asset, the reality of the protocol tells a different story. Nearly 4.6 million ETH have been burned since 2021, equivalent to $13.5 billion, without stopping the growth of supply. An anomaly that questions the consistency and effectiveness of the economic model established since the London update, and challenges certain certainties about the programmed scarcity of the asset.
The article Crypto: $13.5 billion in Ethereum burned, but the supply continues to rise first appeared on Cointribune.
