Ethereum’s circulating supply rose by 20,125.33 ETH over seven days after newly issued tokens outpaced fee burns, briefly reversing the post-Merge deflationary pattern. Validators received 20,515.08 ETH while only 389.76 ETH was burned, lifting total supply to about 121.99 million tokens. Cointelegraph published the figures on August 29, and ChainCatcher also cited the increase. The growth is tied to lower-than-average transaction fees and reduced network congestion, which cut the burn rate below issuance. At 5:40 p.m., ETH traded at $2,433, down 2.48% from a day earlier. The weekly rise is modest versus overall supply, and the burn rate can rebound if network usage strengthens.