Ethereum Exchange Supply Hits 10-Year Low: Can ETH Price Bounce Back?

Quick Summary:

The Ethereum supply on centralized exchanges stands as low as it has in nearly a decade at 8.97 million ETH, its lowest since November 2015.

Such layer-2 networks are cheaper as well, which is more attractive to users, siphoning off activity from the mainnet on Ethereum.

But Ethereum might receive a lifeline someday with staking exchange-traded funds (ETFs).

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Article Details

Author / Journalist: Sneha Murali

Category: Crypto

Markets: United Arab EmiratesNorth Korea

Topics: ETHEREUM ETH Perpetual ETH Markets

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-21 @ 17:54:06 (18 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 373 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 27227237

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 27 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 15 hours ago

Coverage Areas: United Arab Emirates

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Publisher ID: #125

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