#ETH #ETH🔥🔥🔥🔥🔥🔥

Ethereum’s supply dynamics are quietly shifting.

On-chain data shows that ETH’s net supply grew by ~18,600 ETH over the past 7 days, pushing total circulating supply to around 121.3 million ETH.

That puts Ethereum’s current annualised supply growth near 0.8%.

Why does this matter?

ETH supply isn’t fixed — it responds to network activity.

When on-chain usage slows, fewer tokens are burned, and issuance can outweigh burns.

🧠 Market takeaway:

Supply changes don’t move price overnight, but they shape long-term narratives.

Smart traders watch network activity + demand, not just headlines.

Data first. Emotion last.