Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»Ethereum supply becomes deflationary after merge. Here’s how much ETH has left in circulation:
ETHEREUM NEWS

Ethereum supply becomes deflationary after merge. Here’s how much ETH has left in circulation:

By Crypto FlexsDecember 14, 20233 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Ethereum supply becomes deflationary after merge.  Here’s how much ETH has left in circulation:
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum once again showed a state of deflation. It is in the spotlight as the number of ETH tokens in circulation on the network continues to decline significantly. This stems from the following beliefs: bull running and other factors This could help sustain this trend.

No more ETH in circulation

According to data Ethereum decreased in Ultrasound Money. circulating supply Over the past 7 days, more than 14,160 ETH has been uncirculated. That’s over 30,700 results. get burned During this period, there were just over 16,500 ETH issued during the same period.

This development continues the growing trend where the number of tokens being burned outpaces the number of tokens being issued. NewsBTC previously reported This month, over 106,000 ETH were burned over the past 30 days (between November 4 and December 4). At the same time, there were just over 70,000 ETH issued.

This deflationary trend is due to population growth. Validator termination that much Ethereum ecosystem. This trend is said to have started in early October. Glassnode noted that the average number of outgoing validators per day jumped from 309 to 1,018 per day in early October.

This is not the only contributing factor, as Ethereum’s network activity has increased significantly. According to data According to Etherscan, the number of daily transactions on the network has exceeded one million over the past seven days. This caused gas prices to skyrocket, burning more ETH. EIP-1559 Protocol.

ETH price rises above $2,200 | Source: ETHUSD on Tradingview.com

The Ethereum deflationary trend is expected to continue.

It is no coincidence that Ethereum has seen increased network activity as many continue to hold their positions ahead of an imminent bull market expected to begin in 2024. Recent surge in trading volume Ethereum’s non-fungible tokens (NFTs) were also a big factor. This phenomenon is expected to continue once the bull market gets into full swing.

Another factor to consider is the fact that pending transactions are expected to result in more liquidity flowing into the Ethereum ecosystem. Ethereum Spot ETF Application Get approved. This is likely to trigger a further increase in network trading activity as many people look to invest in the second-largest cryptocurrency by market capitalization.

ETH investor You will no doubt be pleased to know that ETH’s future trajectory appears optimistic. As this state of deflation continues, we can expect the value of cryptocurrency tokens to rise. The less ETH in circulation, the higher its value is likely to be.

At the time of writing, Ethereum is reportedly trading at around $2,270, up more than 4% in the last 24 hours. data From CoinMarketCap.

Featured image from Coinpedia, chart from Tradingview.com

Disclaimer: This article is provided for educational purposes only. This does not represent NewsBTC’s opinion on whether to buy, sell or hold any investment, and of course investing carries risks. We recommend that you do your own research before making any investment decisions. Your use of the information provided on this website is entirely at your own risk.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitmine ‘s ethereum Holdings 46,255 Eth Buy 2.1 million units

September 12, 2025

Bitcoin, Ethereum and Dogecoin dominate social buzz

September 8, 2025

Integrated security classes can accelerate the adoption of institutional passwords.

September 4, 2025
Add A Comment

Comments are closed.

Recent Posts

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025

How SWLMiner Could Help You Get The IPhone 17 Air

September 15, 2025

Metabuses are increasing again -Records in August +13k NFT users

September 15, 2025

Rabby Wallet integrates XRPL EVM chain with peersyst

September 15, 2025

Stop Dreaming About The Lottery. Join H Mining And Start Earning!

September 14, 2025

Web3 EXEC warns that the US dollar Stablecoin end game is not priced.

September 14, 2025

Binance’s new Defi Initiative sparked Rollish Momentum, and BNB hit a new ATH of more than $ 900.

September 13, 2025

Top 5 Crypto PR Agencies to Scale Your Blockchain Project in Europe

September 13, 2025

The price of Etherrium surges beyond $ 4,500. -Main level for monitoring more profits

September 12, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

France can break the EU password market with ‘atomic weapons’.

September 15, 2025

Cardano (ADA) Signal Recovery -Is there a strong rise?

September 15, 2025

BitMine Immersion (BMNR) Announces Crypto And Cash Holdings Of $10.8 Billion, ETH Holdings Exceeding 2.151 Million

September 15, 2025
Most Popular

Investors from mainland China cannot purchase Hong Kong Bitcoin ETFs.

April 26, 2024

Bitcoin Price Recovers $60K. Will the Rally Resume?

August 11, 2024

Floki & TokenFi secure exclusive partnership with World Table Tennis Championships in Korea

March 28, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.