Morning Edition · Saturday, October 10, 2026Published at 1:48 AM EDT · New York
A CryptoSlate ledger dated Oct. 9 shows staking issuance far ahead of the burn, so a shrinking ether supply would now require much more paid demand for Ethereum's blockspace than it currently draws.

Ethereum's fee burn has offset only 2.07% of gross ether issuance so far in 2026, according to a CryptoSlate ledger dated Oct. 9. Under Ethereum's fee rules, the base fee on every transaction is destroyed, and validators receive newly creat…
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Part of a tracked trend
Ether's Scarcity Thesis Tested
As activity migrates to layer-2 networks that pay little to the base layer, ether's net supply will keep growing near the staking issuance rate, pushing the market to value ether as a yield asset rather than a deflationary one.
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