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A Year After Ethereum Merge, Net Supply Down Nearly 300K Ether

The Merge marked the completion of Ethereum's transition to the proof-of-stake consensus mechanism.

Streets traffic congestion merging merge (Denys Nevozhai/Unsplash, modified by CoinDesk)
Streets traffic congestion merging merge (Denys Nevozhai/Unsplash, modified by CoinDesk)