Ethereum Net Supply Rises by 17,333 ETH in Past Week as Burn Rate Slows

Ethereum’s net supply grew by 17,333 ETH over the past seven days, with a total supply now at 120.9 million ETH and an annualized growth rate of 0.75%, per Ultrasound.money data.Key TakeawaysEthereum’s net supply increased by 17,333 ETH in the past 7 days.A total of 18,600 ETH was issued, while 1,266.6 ETH was burned.Ethereum’s total supply now stands at 120,927,828 ETH with a 0.748% annualized growth rate.Ethereum’s Supply Growth SlowsAccording to BlockBeats citing Ultrasound.money data, Ethereum’s net supply increased by 17,333 ETH over the last seven days (as of July 25).The issuance totaled 18,600 ETH, offset by the burning of 1,266.6 ETH via Ethereum’s fee burn mechanism introduced in EIP-1559.Ethereum Total Supply Nears 121MEthereum’s total supply now sits at 120,927,828 ETH, with the annualized growth rate currently estimated at 0.748%.The data highlights a cooling burn rate, which could influence long-term ETH supply dynamics and market perception around Ethereum’s “ultrasound money” narrative.