[Analysis] "Ethereum Supply Decreases Over 2 Years... Fundamentals Strong"
Summary
- It was stated that Ethereum's supply has decreased over the past two years, strengthening its fundamentals.
- While Bitcoin's supply increased, Ethereum was said to be a better choice in terms of fundamentals and monetary policy.
- Ethereum's deflation and application ecosystem were emphasized as alternatives providing economic freedom.
Over the past two years, the supply of Bitcoin (BTC) has increased, while the supply of Ethereum (ETH) has decreased.
On the 30th, Nick Tomaino, founder of the virtual asset venture capital One Confirmation, stated on X that "Ethereum's supply has decreased by 0.02% annually over the past two years due to increased network usage, reaching 120.4 million," and "during the same period, Bitcoin's supply increased by 1.83% annually to 19.8 million." He further stated, "Ethereum is the best choice in terms of fundamentals and sound monetary policy."
Tomaino emphasized that Ethereum is a 'better choice' than Bitcoin. He noted, "(Bitcoin) is a better choice than central banks as its supply is limited to 21 million until 2140," but "the deflation based on (Ethereum's) usage and the application ecosystem providing economic freedom worldwide is a better alternative."
JOON HYOUNG LEE
gilson@bloomingbit.ioCrypto Journalist based in Seoul
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