Ethereum (ETH) Supply Reaches February 2023 Highs While Price Keeps Struggling

Ethereum’s circulating supply has surged over the past week, reaching levels not seen since February 2023. On-chain data reveals that 12,353 ETH valued above $39 million have been added to circulation over the past seven days. This comes amid a drop in the network’s demand, which has impacted ETH’s performance.  Ethereum Faces Inflationary Pressure as Circulating Supply Spikes Ethereum’s... source: https://beincrypto.com/eth-circulating-supply-hit-2023-high/