Ethereum’s Daily Issuance Drops by Nearly 95% Since Merge
Since Ethereum’s switch to Proof of Stake, its daily issuance has significantly decreased, as well as its inflation rate. While previously Ethereum miners were generating approximately 4.9M ETH per year, and the supply growth was near +3.75%, it now sits around 600K ETH per year with a 0.15% supply growth. Worth noting is that the daily issuance of many Ethereum-based projects has also decreased since the Merge. Currently, ETH is still an inflationary coin, however, it is projected to become deflationary soon, when daily burned amounts will exceed supply growth.