Ethereum Enters Hard Money Game – Inflation Rate Of ETH Is Lower Than BTC’s

It seems that Ethereum has already entered the hard money game as said on Twitter. Check out the latest reports and explanations below.

There is info coming from Glassnode as you will see below.

Ethereum has entered the hard money game.

For the past 3 months, Ethereum’s inflation rate has been lower than Bitcoin.

What a chart. Never thought I would see it. pic.twitter.com/sEnadE6lqQ

— Charles Edwards (@caprioleio) January 19, 2022

He continued and posted this: “To the dissatisfied maxis: I love Bitcoin as much as you. But dismissing this trend is like goldbugs dismissing Bitcoin. Both protocols have significant pros-and-cons. Keep and open mind.”

Somoene said: ‘Developers being able to change ETH supply issuance/inflation whenever they want means it is NOT hard money, and never will be. It’s been multiple times already. ** When ETH price gets high, they will increase supply, suppressing price. This cannot happen with Bitcoin. **”

At the moment of writing this article, ETH is trading in the green and the coin is priced at $3,138.

Ethereum price is said to explode this year. Check out the price prediction that we presented earlier below.

Crypto analyst Aaron Arnold thinks Ethereum (ETH), Solana (SOL), and three other altcoins will be “explosive” this year.

The co-host of Altcoin Daily said that surging interest in non-fungible tokens (NFTs) and decentralized finance (DeFi) is driving his bullishness on a handful of crypto assets.

“[I’m] talking about quality L1s and quality L2s. I’m talking about projects that have real activity going on on the protocol. These cryptocurrency projects are going to be explosive this year. Why do I say that? It is because the amount of activity we are seeing in the NFT space, the DeFi space, just continues to go parabolic.”

Stay tuned for more news and make sure to check out the price market as well.