Ethereum Supply Declines Amid Increased Network Usage

According to Odaily, Nick Tomaino, founder of 1confirmation, recently shared insights on X regarding the supply trends of Ethereum (ETH) and Bitcoin (BTC). Tomaino noted that over the past two years, the supply of ETH has decreased by 0.02% annually, reaching 120.4 million. In contrast, BTC's supply has increased by 1.83% annually, totaling 19.8 million. He emphasized that while reaching 21 million BTC by 2140 is preferable to relying on central banks, a deflationary model based on usage and a dynamic application ecosystem that promotes economic freedom is even more advantageous. Tomaino concluded that, in terms of fundamentals and sound monetary policy, there is no second-best option.