Select what genuinely interests you. Your picks feed directly into our editorial planning. Ethereum traded at $2,416.88 on Saturday evening, barely changed from the day before. The more important figure of the day does not sit in the chart: the supply of ETH grew by 2,955 units over the past 24 hours, while 13.59 ETH were burned in the same period. That is 0.46 percent of the newly created amount. The mechanism that earned Ethereum the nickname "ultrasound money" between 2021 and 2023 has thus become close to ineffective.