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Ether Turns Deflationary Again, Led by Spike in NFT Sales

Nearly one-fourth of ether burned stems from NFT trades over the past seven days, according to data from ultrasound.money.

Ether’s annualized inflation rate returned to a negative value as network usage recently increased. (ultrasound.money)
Ether’s annualized inflation rate returned to a negative value as network usage recently increased. (ultrasound.money)