Ethereum (ETH) has become inflationary once again following the reversal of deflationary gains seen in November after the FTX fallout.
![eth supply graph](https://cryptoslate.com/wp-content/uploads/2022/12/infl.png)
Despite only recently becoming the most deflationary it had ever been, ETH supply reverted back to inflationary on Dec. 2, witnessing a 0.00029% increase —349 ETH — in supply.
![eth supply graph](https://cryptoslate.com/wp-content/uploads/2022/12/infl-2.png)
ETH now sits at an inflationary percentage of +0.008% — tracing back close to an inflationary value seen at the beginning of November.
![eth supply](https://cryptoslate.com/wp-content/uploads/2022/12/infl-3.png)
The total ETH supply is now steadily increasing to higher inflationary levels each day — producing an additional 2,300 ETH daily. To top it off, ETH burn rate has continued to fall, adding further suppression to hopes for a switch back to deflationary values.
The deflationary tale of #Ether has come to an end temporally. The annualized inflation rate, which was previously below zero, increased by 0.07% following the #FTX failure. The amount of #ETH burned after FTX’s demise was at 5K+. but now its down to about 1.4k ℹ️@ultrasoundmoney pic.twitter.com/lkcYpPz5F5
— Elite Crypto (@TheEliteCrypto) December 6, 2022