On November 8, according to on-chain data, the net supply of Ethereum increased by 74,298 coins in the past 30 days, with the supply increasing by approximately 84,069 ETH, and 9,770 ETH being destroyed through the Burn Mechanism.

The total supply of Ethereum has reached 121,195,469 ETH, with a current supply growth rate of 0.747% per year.
From a macro perspective, despite short-term fluctuations, Ethereum's annualized inflation rate has been successfully suppressed to a low level below 1%, thanks to the significant reduction in issuance and the dual effect of the Burn Mechanism post-The Merge. This low inflation environment, especially on the large base of over 120 million total supply, provides fundamental support for the long-term value accumulation of ETH. Ultimately, the effectiveness of Ethereum's monetary policy depends on its ability to strike a balance between ensuring network security (through sufficient staking incentives) and maintaining asset scarcity.