How Ethereum Burns: Infographics
Published in
Oct 31, 2023
The number of available Ethereum is decreasing at a rate of 0.195%. In total, there are 258,000 less ETH available.
If the Merge event didn’t happen, the supply would have grown by 3.2%, adding 4.2 million ETH. In today’s money, that’s nearly $7 billion worth of ETH that might have been sold, putting pressure on its price.
Looking ahead to 2025, the supply is expected to decrease from 120.5 to 120.2 million ETH.
This might seem like a small drop, but for context, from 2019 to 2022, the supply increased by 13 million ETH.
The coins were burned the most as a result of activity in DeFi projects and NFTs:
💸 DeFi: 50.6%
🖼 NFT: 21.3%
🔗 Layer 2: 9.3%
🔄 Transfers: 8%
⚙️ Others: 8%
🤖 MEV: 2.6%
