Low Ethereum Fees Causing More Inflationary Supply, But Developers Not Concerned
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Ethereum's supply has grown by $47 million in the past 30 days due to low transaction fees leading to less ETH being burned.
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Low gas fees are good for users but lead to less ETH being burned and more inflation.
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Some are concerned Ethereum could become inflationary again long-term due to unpredictable supply.
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Ethereum developers don't seem very concerned about recent inflationary trends.
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Inflation has been rising globally, leading central banks to raise interest rates, which lowers crypto prices.