{"id":578633,"date":"2022-10-22T17:27:10","date_gmt":"2022-10-22T16:27:10","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=578633"},"modified":"2022-10-22T17:30:29","modified_gmt":"2022-10-22T16:30:29","slug":"ethereums-on-trend-supply-appears-to-be-dropping-is-eth-on-track-to-become-deflationary","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/ethereums-on-trend-supply-appears-to-be-dropping-is-eth-on-track-to-become-deflationary\/","title":{"rendered":"Ethereum\u2019s On-Trend Supply Appears To Be Dropping, Is ETH On Track To Become Deflationary?"},"content":{"rendered":"\n
The supply of Ethereum’s native token ETH has documented a drop in its on-trend supply, projecting a deflationary asset pattern.<\/p>\n\n\n\n
Ethereum On-Trend Supply Is Dropping.<\/strong><\/p>\n\n\n\n Ethereum’s deflationary pattern has been an important subject of debate over the past few years. It appears that the on-trend supply of Ethereum has dropped significantly after the merge, sitting at 120,522,000. ETH’s supply was stable at 120,520,000 prior to the highly anticipated transition of Ethereum from Proof-of-Work to Proof-of-Stake consensus, but since the deployment of the merge upgrade on September 15, a drop in Ethereum’s on-trend supply appears to be projecting a deflationary asset pattern.<\/p>\n\n\n\n As per Ultrasound Money, Ethereum has been deflationary for the past 30 days. In simpler terms, the blockchain has not issued any new coins in the past 30 days. Several investors have already started anticipating positive price action in terms of Ethereum after the asset’s deflationary stance. However, it may take a while for the token to regain its former momentum.<\/p>\n\n\n\n