A recent report by Fidelity Digital Assets reveals Ethereum's inflation scenario for the past quarter, indicating a significant increase of around 110,000 Ether (ETH) in total supply. This directly escalated the annual inflation rate to 0.37%. Analysts Daniel Gray and Max Wadington note that while there may not be significant fluctuations in ETH supply in the short term, the growing interest in low-fee Layer 2 platforms and increased staking demands suggest that future inflation quarters could be more frequent. The report also points out that since April, the number of validators on the Ethereum network has increased by 5%, and the newly introduced re-staking feature is expected to further drive up staking demand.