DeFi

ETH supply shifts back to inflationary

Haru Invest

Ethereum (ETH) has become inflationary once again following the reversal of deflationary gains seen in November after the FTX fallout.

eth supply graph
ETH supply graph

Despite only recently becoming the most deflationary it had ever been, ETH supply reverted back to inflationary on Dec. 2, witnessing a 0.00029% increase —349 ETH — in supply.

eth supply graph
ETH supply graph

ETH now sits at an inflationary percentage of +0.008% — tracing back close to an inflationary value seen at the beginning of November.

eth supply
ETH supply change & current supply

The total ETH supply is now steadily increasing to higher inflationary levels each day — producing an additional 2,300 ETH daily.  To top it off, ETH burn rate has continued to fall, adding further suppression to hopes for a switch back to deflationary values.

Read Our Latest Market Report

Connect your wallet, trade with Orion Swap Widget.

Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access.



Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button