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Published by Statista Research Department, May 17, 2024
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.
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Release date
September 2022
More information
Region
Worldwide
Survey time period
September 2017 to September 22, 2022
Special properties
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.
Supplementary notes
Figures have been rounded.
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