ETH supply shifts back to inflationary ETH supply shifts back to inflationary

ETH supply shifts back to inflationary

As of Dec. 2, Ethereum became inflationary again after losing 80% of deflationary gains post-FTX collapse in late November.

ETH supply shifts back to inflationary

Cover art/illustration via CryptoSlate

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 โ€”349 ETH โ€” in supply.

eth supply graph
ETH supply graph

ETH now sits at an inflationary percentage of +0.008% โ€” 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 โ€” producing an additional 2,300 ETH daily.ย  To top it off, ETH burn rate has continued to fall, adding further suppression to hopes for a switch back to deflationary values.

Posted In: Analysis, DeFi, Tokens

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