Ether’s Deflation Promise Continues to Remain Unmet

As of April 13, 2025, Ethereum’s net ETH supply has grown by 0.805% annually since the London Hard Fork in August 2021, with 3,477,830.85 ETH added to circulation. Despite burning 4,581,986.52 ETH via EIP1559’s fee burning mechanism—a cornerstone of the upgrade—the burn rate has failed to consistently offset new issuance.....

more here: https://news.bitcoin.com/4-5m-eth-burned-yet-supply-grows-ethereums-deflation-dilemma/

Looks like the most successful altcoin scam in history isn't keeping up it's promises. The fees are so high (and other reasons) why would anyone ever use that junk?