How many ethereum are there

As of today, June 9, 2025, at 15:15:48, determining the exact number of Ethereum (ETH) involves understanding both total and circulating supply.

Total vs. Circulating Supply

The total supply refers to the maximum amount of Ether that will ever exist. As of February 2025, the total supply was around 120.54 million ETH. However, the circulating supply represents the number of coins available for public use.

Current Circulating Supply

The circulating supply of Ether was approximately 114,367,939.

Factors Affecting Supply

The daily mining rate of Ether influences the supply, with around 15,000 ETH mined daily. A portion of transaction fees is burned, reducing the circulating supply.

Market Capitalization

The market capitalization is calculated using the total supply of Ether and its current price in USD.

Ethereum’s Co-Founders

Ethereum has an unusually large number of co-founders, totaling eight. They initially convened on June 7, 2014, in Zug, Switzerland, to launch this groundbreaking project.

The Burn Mechanism

A crucial aspect of Ethereum’s economics is the burn mechanism. A portion of each transaction fee, known as the base fee, is permanently removed from circulation. This deflationary mechanism is designed to reduce the overall supply of Ether over time, potentially increasing its value.

While the total supply of Ethereum is a significant metric, the circulating supply provides a more accurate picture of the Ether currently available for trading and use within the Ethereum ecosystem. The dynamics of mining rewards, burned fees, and future protocol updates will continue to shape the total and circulating supply of Ether, impacting its value and role in the decentralized world.

Previous article
Next article

Новые статьи

How to invest in altcoins

Cryptocurrencies are no longer a niche topic. With Bitcoin's rise, many are exploring altcoins. What are Altcoins? Alternative cryptocurrencies to Bitcoin. Some...

How do you buy bitcoin

Bitcoin, a decentralized digital currency, has gained significant popularity. Here's a guide on how to acquire it. Where to Buy Bitcoin Several platforms facilitate Bitcoin purchases: ...

Why is crypto going up

Several factors contribute to the recent surge in cryptocurrency values. Here's a breakdown of key reasons: Key Drivers of Crypto...

Why is ethereum going down

Ethereum's price has recently experienced a downturn, falling below $2,500, its lowest in three months. Several factors contribute to this decline. Key...

How to create altcoin

Creating your own altcoin involves several steps, from defining your vision to deploying your coin. Here's a guide: 1. Define Your Vision Clearly outline the purpose...

How to create a blockchain

Creating a blockchain involves several key decisions․ First, identify the specific use case and determine if blockchain is truly the best solution․...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

ПОХОЖИЕ СТАТЬИ

How long is altcoin season

Altcoin seasons, periods where altcoins outperform Bitcoin, vary in length. Duration: Typically,...

How are bitcoins mined

Bitcoin mining is the backbone of the Bitcoin network, serving two critical...

Why crypto is down today

As of June 11, 2025, at 11:16:46, the cryptocurrency market is experiencing...

How to add different blockchains to metamask

MetaMask, a popular crypto wallet, primarily supports Ethereum. However, you can extend...

Why is ethereum crashing

Today, June 11, 2025, Ethereum experienced a significant price crash. This wasn't...

Has altcoin season started

The Altcoin Season Index gauges altcoins' performance against Bitcoin‚ usually over 90...