🚀 Ethereum Supply Declines Amid Increased Network Usage
#Ethereum #ETH #Bitcoin #BTC #cryptocurrency #deflationary #monetarypolicy #economicfreedom #networkusage #supplytrends
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.#Ethereum #ETH #Bitcoin #BTC #cryptocurrency #deflationary #monetarypolicy #economicfreedom #networkusage #supplytrends
🚀 XRP Ledger Sees Increased Activity Amid Price Pressure
#XRPLedger #XRP #transactionvolume #decentralizedexchange #AMM #networkusage #PermissionedDomains #PermissionedDEX #whaleselling #cryptocurrency #pricerecovery
The XRP Ledger experienced its highest transaction volumes in a year during February, with successful payments reaching 2.7 million. According to NS3.AI, there was notable activity in its Automated Market Maker on the decentralized exchange, signaling growing adoption and network usage. This surge follows recent upgrades, including Permissioned Domains and the Permissioned DEX launch. Despite these developments, XRP's price remained below $1.4, influenced by increased whale selling. A key resistance level at $1.47 must be overcome for potential price recovery.#XRPLedger #XRP #transactionvolume #decentralizedexchange #AMM #networkusage #PermissionedDomains #PermissionedDEX #whaleselling #cryptocurrency #pricerecovery