Over 100,000 coins from the offer of ETH eliminated

Over 100,000 coins from the offer of ETH eliminated

The fusion represented the transition of the Ethereum network from the proof-of-work to the Proof-of-Stake. 218 days later, more than 103,092 ETH were eliminated from the offer of the world's largest altcoin.

At current prices, this amounts to a little more than 197 million US dollars. Deflation in the network increases because the offer has decreased by 0.146 % per year.

• According to the latest data of the Ethereum monitoring page "Ultrasound.money", the current stock of Ether is almost 120,416,113 million coins.
• The currency burning rate in the last 30 days was 1,125,000 ETH and an offer growth of -0.37 %.
• At this pace, the Ethereum offer will probably reach 118.1 million by 2025.
• The output premiums for stakers, on the other hand, will be 3.9 % per year, while the burn rate for non-stakers will be 1.8 % per year.
• , on the other hand, would not have undergone the fusion and continued to rely on miners to secure the network, the range of tokens would have increased by more than 2.5 million ETH, which corresponds to an amazing market value of $ 4.9 billion.
• The offer from ETH, for example, would have increased by 3.53 % every year.
• While the merger was actually responsible for reducing the ETH offer by a significant amount, the aspect of burning ether can be attributed to the Ethereum improvement Proposal 1559, which was implemented in August 2021 via the London upgrade. His main purpose is to lower inflation to the Ethereum network and practice deflationary pressure on the token offer.
• In the meantime, the Shapella upgrade on April 12th stakers enabled to unlock their stubborn ether. The exodus of the tokens after the event slowed down.
• Within a week, the amount of the ether used trumbled the number of ETH that were for the first time.

.