Ethereum’s user activity has decreased significantly, resulting in a rise in circulating supply by 72,927 ETH (approximately 134 million USD) over the past month, now totaling around 120,730,199 ETH.
Despite maintaining a strong total value locked (approximately 368.921 billion USD), the decline in transactions has caused concerns about inflation and the stability of ETH’s price, currently at 1,834 USD.
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