Between Saturday and Sunday, nearly 3,000 new ether were created while only 10 ETH were burned due to low network fees, causing Ethereum's supply to grow by about 0.86% annually. This supply increase adds selling pressure at a time when buyer demand is weak, keeping the price stable near $2,234 but limiting upside potential. For supply to shrink again, Ethereum's base fee would need to rise significantly, which depends on higher network activity. Staking rewards help offset dilution for holders, but recent outflows from Ether funds highlight market challenges ahead.
Ethereum supply dynamics are the subject, with Pluang market data as of Nov 09, 2026 02:21 WIB. For readers following major cryptocurrencies, here is Pluang's market snapshot: out of 50 major cryptocurrencies, 8 rose and 41 fell today. Notable movers include ENJ at Rp410 with a 1-day change of -3.27%, VET at Rp93 with -3.11%, and NEO at Rp32.947 with -3.11%.
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