Ethereum inflation rises, threatens ‘ultrasound money’ status: Report

Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound …

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Ethereum Inflation Rises, Threatens ‘ultrasound Money’ Status: Report

2 weeks from now

Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound …

cointelegraph.com

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Ethereum Faces Inflationary Pressures: Is The Era Of "Ultra-Sound …

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Sep 2, 2024 · The annual inflation rate for Ethereum has risen to approximately 0.7%, meaning that the issuance of new ETH is currently exceeding the amount burned through transaction …

thecurrencyanalytics.com

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Ethereum's Rising Inflation 'Not Necessarily A Bad Thing' - Analysts

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Sep 6, 2024 · The annual supply of Ethereum is expected to rise by about $1.5 billion by year-end, thanks in part to a drop in ETH gas fees—the money you pay to complete a transaction …

cryptonews.com

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Ethereum Bulls Eye $20K Despite Recent Slump And Supply Inflation

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2 days ago · The network is also facing inflationary pressures as the ETH supply returns to pre-merge levels due to low demand. ... Over the past nine months, the Ethereum supply has …

cryptopotato.com

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Ethereum Inflation Surge Casts Doubt On “Ultrasound Money” …

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Oct 5, 2024 · The second largest digital asset by reported market cap had a 30-day annualized inflation rate of approximately 0.74%, a level not observed in the last two years. The sharp …

tradingview.com

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Why Bitcoin, Ethereum, And Dogecoin Are Surging Today

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6 hours ago · Of course, the fact is that overall inflation at 2.9% is still meaningfully higher than the Federal Reserve's target, and there are concerns around Trump's potential tariff plans and …

usatoday.com

FAQs about Ethereum inflation rises, threatens ‘ultrasound money’ status: Report Coupon?

What is Ethereum's current inflation rate based on ultrasound money?

The net result is a supply increase of 39,523.71 ETH during this period. Data from Ultrasound Money show that, based on the supply change over the past 30 days, Ethereum’s current annualized inflation rate is approximately 0.4%. Ethereum deflationary trend (ultrasound money) ...

Does Ethereum have a 'ultrasound money' narrative?

Update Oct. 4, 1:05 pm UTC: This article has been updated to add in Binance commentary. Ethereum’s inflation rate has surged to 0.74%, raising concerns about its long-held “ultrasound money” narrative, according to Binance’s October 2024 Monthly Market Insights report. ...

Does Ethereum have a deflationary trend?

Ethereum deflationary trend (ultrasound money) In comparison, Bitcoin’s inflation rate stands at 1.068%, while Ethereum’s Proof-of-Work (pre-merge) inflation rate would have been significantly higher at 3.74%. ...

What is Ethereum's inflation rate?

As per data from the past 7 days, Ethereum’s inflation rate for the past week stands at 0.54%, just 0.29 percentage points higher than Bitcoin’s post-halving rate of 0.83%. Ethereum’s inflation rate has been steadily increasing since February when it reached a local low of -2%. ...

What is ultrasound money ETH?

‘Ultrasound money’ refers to how Ethereum’s total supply may decrease over time, potentially making it a superior store of value to BTC. Ethereum has seen slight inflation after the 2024 Dencun Upgrade, which means that ETH may no longer be ultrasound money. What is Ultrasound Money? ...

How does Ethereum transition back to inflationary status?

Ethereum transitions back to inflationary status as decreased network activity and lower transaction fee burns contribute to a net supply increase. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. ...