Ethereum (ETH) turns deflation

Ethereum (ETH) turns deflation

According to Ultrasound.money data, Ethereum (ETH) issuance turned deflationary for the first time since December 2022.

Specifically, on January 24, 2023, Ethereum experienced an annual deflation rate of 0.002%, with the supply decreasing by more than 2,800 ETH compared to the time of The Merge in September 2022.

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