Ethereum Supply (2024)

FAQs

Is there a maximum supply of Ethereum? ›

Unlike Bitcoin, which has a limited supply, Ethereum has an infinite supply.

Ethereum (ETH).

Ethereum has an unlimited supply of ETH, but it has a fixed annual issuance rate of 18 million ETH.

Ether was a deflationary asset following the Merge, with the total supply of the token dropping from 120.491 million to 120.097 million since September 2022.

There is no path for Ethereum to hit 100k before 2030, it's impossible. ETH can realistically hit $10,000 in the coming years, either in 2025 or in 2026. We are confident with our current 2024 ETH prediction, in which we forecast ETH to hit $3,525.50 before summer of 2024.

Basic Info. Ethereum Supply is at a current level of 120.22M, up from 120.21M yesterday and up from 120.20M one year ago. This is a change of 0.00% from yesterday and 0.01% from one year ago.

Experts acknowledge that Ethereum has a stable future due to several use cases and its unique blockchain, and there is a chance it may perform exceptionally well compared to Bitcoin. However, it is considered highly unlikely for Ethereum to surpass the price of Bitcoin.

There is no fixed ETH supply, like with Bitcoin (21 million). Ether has a different issuance policy. Just like with Bitcoin, new ETH is created with each new block (about every 12-13 seconds), and used as a reward for those who are processing transactions. However, this doesn't mean the supply of ETH is infinite.

By burning a portion of the transaction fees, Ethereum not only controls its supply but also creates a more efficient and cost-effective network. As the supply of ETH decreases, the remaining tokens become more valuable, incentivizing users to optimize their gas usage and prioritize high-value transactions.

Ethereum's downturn is primarily driven by fears of a Bitcoin market dump and declining institutional interest.

ETH was not the only crypto affected; many other digital currencies dropped in value at this time. On January 24, ETH dropped to $2,160, its lowest level since July 2021. According to various experts, this decline was due to the rampant increase of the Omicron variant and rising inflation.

Can Ethereum reach 50k? ›

Can ethereum reach $50,000? Ethereum prices could surpass $50,000 by 2030 in a best-case scenario, according to VanEck. But that would require a significant rise in activity on the ethereum blockchain over the next six years. When more apps are running on the blockchain, increased fee revenue is generated.

If Wood is correct and Bitcoin reaches $3.8 million, a $100 investment in Bitcoin today would be worth $5,510 in 2030. This translates to a compounded annual growth rate (CAGR) of over 95%.

Fast-forward just three-years to Jan. 13, 2018, when ETH hit its all-time high of 1,432.88 and that $1000 investment would have turned into $1.67 million. Five years later to press-time and the $1,000 would be worth $709,740.70.

How Many Ethereum Can Be Mined? Unlike Bitcoin, there is no limit to the amount of Ethereum that can be generated. Each day around 13,500 Ether are mined.

The live price of the Ethereum token is $ 0.00000000. ETH price could end the trade for July 2024 with a potential high of $3,730. By the end of 2030, the predicted Ethereum price could soar to a peak of $26,575.21.

After a token reaches maximum supply, the argument goes, the coin's supply becomes static - miners can no longer create new coins. The demand should continue to grow. A maximum cap, they hope, guarantees value gains. Not many such coins exist.