Ethereum Supply Grows by ~1 Million ETH Since 2022 Merge, Inflation Rate at 0.24%

Ethereum's circulating supply has increased by roughly 1 million ETH since the Merge upgrade in 2022, ultrasoundmoney and wublockchain data show. The expansion corresponds to an annual inflation rate of approximately 0.24%, countering earlier expectations that Ether would follow a deflationary supply trajectory.