Fidelity: Ethereum experienced its highest inflation period last quarter

According to a report by Fidelity Digital Assets last week, the Ethereum blockchain experienced its highest inflationary period in the last quarter, with the total supply increasing by about 110,000 Ether (ETH), equivalent to an annual inflation rate of 0.37%. Analysts Daniel Gray and Max Wadington wrote that although the supply of Ether is unlikely to experience drastic fluctuations in the short to medium term, the growing preference for low-cost layer 2 platforms and the increase in staking demand suggest that inflationary quarters may become more frequent. The report stated that since April, the number of validators on the network has increased by 5%, and the recently introduced re-staking feature may further increase staking demand.