Ethereum’s Deflation Rate Keeps Rising – Here’s What That Means for the ETH Price

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Ethereum’s Deflation Rate Keeps Rising – Here’s What That Means for the ETH Price

   Deflation ETH Ether Ethereum Ethereum News    February 21, 2023  |  0

The annualized daily net inflation rate of the Ether (ETH) supply hit a record low of -2.772% last Tuesday, according to data supplied by crypto analytics firm Glassnode. Ether is the token that power’s the smart-contract-enabled Ethereum blockchain, which is currently the world’s dominant blockchain in terms of the size of its associated ecosystem of decentralized applications. Ether is the second-largest cryptocurrency by market capitalization….
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