Despite Ethereum’s inflationary trend, staking and restaking gains momentum, boosting network security and rewards.
The decentralized open-source blockchain platform Ethereum has recently hit a significant milestone as the total supply of Ether reached 120 million.
The development comes as both staking and restaking Ether (ETH) witness a surge in uptake, further reinforcing its proof-of-stake (PoS) consensus mechanism.
According to the latest data on Ultrasound.money, ETH supply has increased to approximately 120.28 million ETH, with 77,091 ETH issued over the last 30 days.
