According to statistics from ultrasound.money, the circulating supply of Ethereum has increased by over 1 million since the merge, with a total circulating supply of approximately 121.53 million. The annualized inflation rate of Ethereum since the merge is about 0.24%.
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Global markets consolidated over the weekend. SanDisk benefited from strong AI data-center demand, long-term customer contracts, and improving expectations for the storage supply-demand balance. SpaceX-related names also performed well. Precious metals held near elevated levels, while Bitcoin moved toward $75,000 and continued to support crypto-financial stocks. Markets are now focused on Pinduoduo’s earnings and the impact of future rate expectations on technology and small-cap valuations.