🚀 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
🚀 Blockchain Adoption Surges In 2024, Surpassing 2021 Levels
#Blockchain #Adoption #2024 #TransactionVolume #OnChain #Growth #Deflationary #LowerFees #RegulatoryChallenges #BreakthroughYear
According to Odaily, Dune founder @hagaetc shared insights on the X platform, highlighting significant growth in blockchain adoption in 2024. The adoption rate has returned to the levels seen in 2021, with both transaction volume and frequency surpassing previous records. The overall adoption on-chain has nearly reached the peak of 2021. A notable decrease in blockchain costs has been observed, which, while potentially indicating reduced demand, is actually beneficial. Most technologies exhibit deflationary characteristics, and the reduced costs have led to increased transaction volumes. After years of stagnation or decline, on-chain transactions have experienced exponential growth in 2024. This trend underscores how lower fees have driven increased usage. Despite facing regulatory challenges and uncertainties throughout the year, 2024 has emerged as a breakthrough year for on-chain adoption, with most metrics exceeding the peaks of 2021.#Blockchain #Adoption #2024 #TransactionVolume #OnChain #Growth #Deflationary #LowerFees #RegulatoryChallenges #BreakthroughYear
🚀 Solana Community Proposes Major Token Economic Shift
#Solana #tokenomics #deflationary #SOL #SIMD0411 #cryptocurrency #economicmodel #blockchain #institutionalinvestors #inflationrate #monetarypolicy #supplydemand
According to PANews, the Solana community has introduced a new governance proposal, SIMD-0411, aimed at significantly accelerating the network's deflationary timeline and reshaping the long-term economic model of the SOL token. The proposal seeks to increase Solana's annual deflation rate from -15% to -30%, reducing the time to achieve the long-term inflation floor from approximately six years to just over three years. Current projections suggest this change will decrease future SOL token issuance by over 22 million tokens, equivalent to nearly $3 billion at current market valuations, marking one of the most significant monetary policy adjustments in the ecosystem's history.
Solana's existing token economic framework sets an annual inflation rate of about 4.18%, gradually decreasing to a final inflation rate of 1.5%. SIMD-0411 accelerates this process, establishing a faster trend of token issuance reduction. Proponents argue that this will improve supply-demand dynamics, support stronger price stability, and align Solana's economic model with the behavioral expectations of institutional investors entering the ecosystem. For a chain historically focused on growth, throughput, and incentive-driven expansion, this represents a shift towards a more scarcity-oriented design philosophy.#Solana #tokenomics #deflationary #SOL #SIMD0411 #cryptocurrency #economicmodel #blockchain #institutionalinvestors #inflationrate #monetarypolicy #supplydemand
🚀 Unknown USDC-OCA Liquidity Pool on BSC Chain Attacked, Resulting in Significant Loss
#USDC #OCA #LiquidityPool #BSC #Attack #Crypto #Vulnerability #Deflationary #SellOCA #TokenExploit #Bribes #BlockBuilders #BNB #PANews #FrontRun #CryptoLoss
An unknown USDC-OCA liquidity pool on the BSC chain was attacked, leading to the extraction of approximately 422,000 USDC. According to PANews, the attacker exploited a vulnerability in the deflationary sellOCA() logic of the OCA token, which allowed them to artificially inflate the token price by removing an equivalent amount of OCA from the pool during each swap.
The attack was executed through three transactions: the first carried out the attack operation, while the latter two were primarily used to pay additional bribes to block builders. The attacker paid a total of approximately 43 BNB and 69 BNB to 48club-puissant-builder, ultimately profiting an estimated $340,000. Another transaction within the same block failed at position 52, suspected to have been front-run by the attacker.#USDC #OCA #LiquidityPool #BSC #Attack #Crypto #Vulnerability #Deflationary #SellOCA #TokenExploit #Bribes #BlockBuilders #BNB #PANews #FrontRun #CryptoLoss
🚀 Aptos Caps Total Token Supply to Enhance Value
#Aptos #APT #token #deflationary #tokenomics #supplycap #stakingrewards #gasfees #buybacks #cryptocurrency #blockchain #governance
Aptos (APT) has set a cap on its total token supply at 2.1 billion, following governance approval. According to NS3.AI, this move ends the previously unlimited minting supply and aims to foster a more deflationary token economy. The strategy involves reducing staking rewards, increasing transaction gas fees, and using a portion of transaction fees for token buybacks. These initiatives are intended to bolster the token's long-term value proposition and enhance supply scarcity.#Aptos #APT #token #deflationary #tokenomics #supplycap #stakingrewards #gasfees #buybacks #cryptocurrency #blockchain #governance
🚀 Tron Leads Blockchain Profitability with $624 Million Revenue
#Tron #blockchain #profitability #revenue #Ethereum #Solana #token #deflationary #inflationary #NS3AI #tokenholders #investors #ETH #SOL #TRX
Tron has emerged as the most profitable blockchain network, generating $624 million in revenue while maintaining a deflationary token supply. According to NS3.AI, this contrasts with Ethereum and Solana, which, despite their significant revenues, face high inflationary costs that render them unprofitable for token holders. The analysis highlights the influence of token issuance and supply dynamics on blockchain profitability, a factor of growing importance for both institutional and retail investors.#Tron #blockchain #profitability #revenue #Ethereum #Solana #token #deflationary #inflationary #NS3AI #tokenholders #investors #ETH #SOL #TRX
🚀 JUST Platform Shows Steady Growth in TRON DeFi Ecosystem
#JUSTplatform #TRON #DeFi #ChainCatcher #TVL #JSTtoken #buyback #burnmechanism #cryptocurrency #deflationary #ecosystemgrowth #capital efficiency #TRX
The JUST platform, a key component of the TRON DeFi ecosystem, has demonstrated stable performance this week. According to ChainCatcher, the platform's total value locked reached $11.01 billion, accounting for 41.96% of TRON DeFi's overall volume. The supply on the platform stands at $3.59 billion, with borrowing amounts totaling $210.28 million. Additionally, the JST token buyback and burn mechanism is progressing steadily, with over 1.08 billion tokens destroyed, representing 10.96% of the total supply, thereby reinforcing the token's value through deflationary effects.
The robust locked value data and ongoing buyback and burn activities provide strong support for JUST's long-term development. Moving forward, JUST plans to focus on product iteration and ecosystem construction to enhance capital efficiency and user experience, contributing to the healthy growth of the TRON DeFi ecosystem.#JUSTplatform #TRON #DeFi #ChainCatcher #TVL #JSTtoken #buyback #burnmechanism #cryptocurrency #deflationary #ecosystemgrowth #capital efficiency #TRX