How much Ethereum is in circulation in the world today? Here’s the answer!

Updated
August 31, 2025

Jakarta, Pintu News – Ethereum (ETH) is one of the largest and most influential cryptocurrencies in the world, after Bitcoin (BTC). As a decentralized blockchain platform, Ethereum is not only used for transactions but also for running decentralized applications (dApps) and smart contracts.

But how much Ethereum is in circulation in the world today, and how do you keep track of it? This article will provide an explanation of the amount of Ethereum in circulation and how it affects the market.

Number of Ethereum Circulating in the Market

As of August 2025, the total amount of Ethereum in circulation reached more than 120 million ETH. This number continues to grow as the proof-of-work mechanism has been replaced by proof-of-stake in the Ethereum 2.0 update. This makes the process of verifying transactions on the Ethereum blockchain more efficient and significantly reduces energy consumption.

Ethereum has an unlimited supply system. Unlike Bitcoin, which has a limited supply of 21 million BTC, Ethereum does not regulate its total supply. However, the Ethereum 2.0 update with the proof-of-stake system attempts to control inflation and introduces an Ethereum burning mechanism through EIP-1559, which allows a portion of ETH used for transaction fees to be burned and no longer circulate in the market.

While Ethereum doesn’t have a definite supply limit, the mechanisms in place today give effect to the supply of ETH circulating in the market, creating a balance between demand and supply.

Also Read: Dogecoin (DOGE) Price Prediction: 3 Key Levels to Watch This Week

Why does the amount of Ethereum in circulation matter?

ethereum upgrade pectra
Source: The Defiant

The amount of Ethereum in circulation is important to Ethereum investors and users because it affects the market price and demand for ETH. When the amount of Ethereum in circulation is greater, there is a greater supply of ETH in the market, which can lead to a more volatile Ethereum price. Conversely, the existing ETH burning mechanism can reduce the amount of Ethereum in circulation and potentially increase the price in the long run.

However, the thing to note is that while the supply of ETH is unlimited, the demand for Ethereum continues to grow thanks to its increasing adoption in the world of DeFi (Decentralized Finance), NFTs (Non-Fungible Tokens), and smart contracts. High demand could offset the growing supply of ETH, creating positive pressure on Ethereum’s price.

To monitor the Ethereum (ETH) price in real-time and get the latest information about the price, you can visit the Market Door – Ethereum Price

Also Read: Ethereum (ETH) Prepares to Surge Again: Will History Repeat itself in September 2025?

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

Author
Intifanny
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