Ethereum (ETH) eagerly awaited Merge merger was completed in September and Ethereum PoW from the (proof of work) system PoS (Proof-of-stake) system.
With the merger of Merge and the transition to PoS, Ethereum will be more deflationary was supposed to happen.
In this context, the total ETH supply has officially decreased for the first time since the Merge merger.
Ethereum 55 days after Merge to ultrasound.money, the supply tracking site ETH Its supply has dropped to over 400 ETH ($469,000).
After this decrease in Ethereum supply, ETH became deflationary for the first time. In this context, it was stated that the ETH deflation rate is currently 0.001% per annum.
If the merge did not happen, if the PoS transition had not occurred and Ethereum continued to use the PoW system, the total supply of Ethereum would have increased by 650,000 ETH ($762 million) at an inflation rate of about 3.6%.
Ethereum officially becoming deflationary after Merge Ethereum Although welcomed by its supporters, ETH’s turn into deflation came at a time when the cryptocurrency market was painted red.
Because, after worrying events such as FTX’s bankruptcy and Binance’s acquisition of FTX, investors continue to sell.
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