EthHub Co-founder: When the market heats up again and the average Gas price returns above 15 Gwei, the issuance of ETH will be net negative

Chain Catcher news, EthHub co-founder Anthony Sassano tweeted that since Ethereum completed the merge a week ago, the ETH supply has only increased by over 5,000 coins, whereas it was expected to increase by about 100,000 coins under PoW conditions. This means that the net issuance of ETH has decreased by 95%. Based on current trends, it is roughly estimated that ETH will increase by 260,000 ETH in the next year, instead of 5.2 million coins under PoW conditions.

In addition, most of the ETH increased under PoW may be sold off by miners, as they need to cover operational costs. However, since the operational costs under PoW are significantly lower than under PoW, most of the ETH increased under PoS may be held or re-staked. Once the market heats up again and the average Gas price returns above 15 Gwei, the issuance of ETH will be net negative. (Source link)