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Data: Ethereum inflation has reached 228,000 in the past four and a half months, and the annualized inflation rate may reach 0.5%

Data: Ethereum inflation has reached 228,000 in the past four and a half months, and the annualized inflation rate may reach 0.5%

CointimeCointime2024/08/22 10:48
By:Cointime

According to Yu Jin's monitoring, Ethereum (ETH) has recently shown an inflation trend. Data shows that in the past 4 and a half months, the total amount of ETH has increased by 228,000, worth about 602 million US dollars, with a daily increase of 1,652. Since early April, due to the decrease in on-chain activity, ETH Gas fees have been maintained below 2 Gwei for a long time, resulting in token output exceeding destruction. The total amount of ETH has risen from 120,063,605 to 120,291,622. If this trend continues, the expected annual inflation will reach 600,000, calculated at about 1.59 billion US dollars at current prices, and the inflation rate will be 0.5%. However, compared with other assets, a 0.5% inflation rate is still relatively low.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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