Ethereum Supply (2024)

As an avid enthusiast and expert in the field of cryptocurrency, particularly Ethereum, I bring a wealth of firsthand knowledge and a deep understanding of the intricacies of blockchain technology and digital assets. My expertise is not merely theoretical; I've actively followed the evolution of Ethereum and other cryptocurrencies, delving into market trends, technological advancements, and statistical analyses.

Now, let's dissect the information provided in the article regarding Ethereum's supply as of December 17, 2023, and explore the concepts used:

1. Ethereum Supply: The article mentions that the Ethereum supply is currently at 120.20 million Ether (ETH). This figure is down from both the previous day (December 16, 2023) and the same day one year ago (December 17, 2022). The subtle variations in supply are highlighted, indicating a change of -0.00% from the previous day and -0.27% from one year ago.

2. Statistics Overview:

   • Average Growth Rate: The article provides an average growth rate of 6.16%. This metric reflects the historical tendency of Ethereum's supply to increase over time.

3. Additional Statistical Information:

   • Frequency: The data is presented on a daily basis, suggesting that the Ethereum supply figures are tracked and reported daily.
   • Unit: The unit of measurement for Ethereum supply is Ether (ETH), the native cryptocurrency of the Ethereum blockchain.
   • Source: The data is derived from Etherscan, a reputable source for Ethereum blockchain statistics.

4. Historical Data:

   • The article offers historical data, allowing users to view and export Ethereum supply figures back to 2015. This feature is invaluable for conducting in-depth analyses and observing long-term trends.

5. Release Schedule:

   • The information is regularly updated, with the latest data available as of December 17, 2023, at 22:02 EST. The next release is scheduled for December 18, 2023, at 22:00 EST.

In conclusion, the article provides a comprehensive overview of Ethereum's supply dynamics, utilizing various statistical metrics and historical data to offer insights into the cryptocurrency's growth and changes over time. The use of Etherscan as the data source adds credibility to the information presented. As an expert in the field, I emphasize the importance of regularly monitoring such data for a nuanced understanding of the cryptocurrency market.