Ethereum supply growth rate is lower than Bitcoin, challenging its status as digital gold
According to TechFlow, Bitcoin has long been hailed as "digital gold" and its fixed supply cap is seen as the basis of scarcity. However, since the merge upgrade in September 2022, Ethereum has performed well in supply expansion control.
Data shows that after Bitcoin's halving in April 2024, the annual supply growth rate has dropped to 0.83%. Since Ethereum switched to a proof-of-stake system, its deflationary characteristics have become increasingly apparent, and the fee destruction mechanism has caused its total supply to shrink at times.
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