The circulating supply of Ethereum Classic - an alternative to Ethereum cryptocurrency - grew only marginally after the Ethereum Merge in September 2022. This despite a significant price decline during this timeframe, as miners with expensive computing rigs went looking for mining alternatives after the original Ethereum (ETH) changed from Proof-of-Work (mining) to Proof-of-Stake (staking). This search was especially reflected in the Ethereum Classic hashrate - the computing power needed to mine - which increased substantially when the Ethereum Merge arrived.
Number of Ethereum Classic (ETC) tokens in circulation from September 2017 to September 22, 2022
(in millions)
Monthly figures are as of the end of that particular month; Unlike Ethereum (ETH), Ethereum Classic (ETC) has a limited supply of 210.7 million tokens.
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Messari. (September 22, 2022). Number of Ethereum Classic (ETC) tokens in circulation from September 2017 to September 22, 2022 (in millions) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1334694/ethereum-classic-circulating-supply/
Messari. "Number of Ethereum Classic (ETC) tokens in circulation from September 2017 to September 22, 2022 (in millions)." Chart. September 22, 2022. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1334694/ethereum-classic-circulating-supply/
Messari. (2022). Number of Ethereum Classic (ETC) tokens in circulation from September 2017 to September 22, 2022 (in millions). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1334694/ethereum-classic-circulating-supply/
Messari. "Number of Ethereum Classic (Etc) Tokens in Circulation from September 2017 to September 22, 2022 (in Millions)." Statista, Statista Inc., 22 Sep 2022, https://www.statista.com/statistics/1334694/ethereum-classic-circulating-supply/
Messari, Number of Ethereum Classic (ETC) tokens in circulation from September 2017 to September 22, 2022 (in millions) Statista, https://www.statista.com/statistics/1334694/ethereum-classic-circulating-supply/ (last visited November 21, 2024)
Number of Ethereum Classic (ETC) tokens in circulation from September 2017 to September 22, 2022 (in millions) [Graph], Messari, September 22, 2022. [Online]. Available: https://www.statista.com/statistics/1334694/ethereum-classic-circulating-supply/
