Ethereum Scarcity: After London Fork, ETH’s Supply Change Drops To Almost Zero

Ethereum Scarcity: After London Fork, ETH’s Supply Change Drops To Almost Zero


On-chain data shows Ethereum  supply is barely changing anymore following the London hard fork. This means ETH is becoming a scarce asset now.

Following London Fork, Ethereum Supply Rate Of Change Drops To Nearly Zero

As pointed out by a CryptoQuant post, ETH’s supply curve has nearly flattened now as rate of change drops to almost zero. This has made the asset scarce.

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The Ethereum supply indicator tells us about the total amount of ETH that’s currently in circulation. As miners receive a block reward (in ETH) for mining blocks, this total supply increases with time.

A related metric, the Ethereum supply rate of change shows how fast or slow the total circulating supply is going up.

How ETH’s supply works is different from Bitcoin;

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