Recently, the Ethereum ecosystem has shown a sustained rise. According to the latest statistics from the authoritative data platform Ultrasound.money, the total supply of Ethereum has shown a significant upward trend over the past 7 days. Specifically, during this week, the net supply of Ethereum increased by 17,333 coins. This figure is derived from the difference between approximately 18,600 newly added ETH and 1,266.6 ETH that were destroyed.

It is worth noting that the total supply of Ethereum has surpassed 120 million, reaching 120,927,828 ETH. This figure reflects the ongoing expansion and activity of the Ethereum network. In terms of growth rate, the current annual supply growth rate of Ethereum remains at around 0.748%.

This change in supply reflects the dynamic balance mechanism of the Ethereum network. On one hand, new ETH is continuously being created to reward the network's maintainers and contributors; on the other hand, the destruction mechanism implemented through the EIP-1559 proposal continuously reduces a portion of the ETH supply, helping to control inflation.

This supply and demand balance mechanism is of great significance for the long-term development of Ethereum. It not only incentivizes more participants to join the network but also helps maintain the scarcity of ETH, potentially influencing its market value. However, for investors and developers, closely monitoring these data changes and understanding the driving factors behind them will assist in better grasping the development trends of the Ethereum ecosystem.