Understanding the Current State of Ethereum: Total Number of Pledges, Circulation Supply, and Pledge Rate
On April 13th, according to Nansen data, the current total number of Ethereum pledges is 18168039, and the circulation supply of Ethereum is 120437016, with a total pledge rate of
On April 13th, according to Nansen data, the current total number of Ethereum pledges is 18168039, and the circulation supply of Ethereum is 120437016, with a total pledge rate of 15.09%. The average price of Ethereum pledge is $2134.
The average pledge price of Ethereum is $2134
Ethereum, one of the largest cryptocurrencies, has been gaining massive popularity in recent years. On April 13th, 2021, according to Nansen data, the current total number of Ethereum pledges is 18168039 with a circulation supply of 120437016. In this article, we will delve deeper into the current state of Ethereum by analyzing the total number of pledges, circulation supply, and pledge rate.
What is Ethereum?
Ethereum is a blockchain-based decentralized platform that enables the creation of smart contracts and decentralized applications (DApps). Its native cryptocurrency, Ether (ETH), is used to facilitate transactions and pay for the computational services provided by the network. Ethereum was created by Vitalik Buterin, a Russian-Canadian programmer, in 2015 to enable developers to build decentralized applications on top of its blockchain.
Total Number of Ethereum Pledges
As of April 13th, 2021, the total number of Ethereum pledges is 18168039. An Ethereum pledge is a commitment to hold ETH for a specified period or until certain conditions are met. It is similar to a traditional deposit, where the depositor receives interest on their deposit as compensation for holding it for a specified period.
Circulation Supply of Ethereum
The circulation supply of Ethereum is 120437016 as of April 13th, 2021. The circulation supply represents the total number of ETH in circulation available for trading or exchanging. It does not include ETH held in cold storage by exchanges, developers, or investors.
Pledge Rate of Ethereum
The pledge rate of Ethereum is 15.09% as of April 13th, 2021. The pledge rate is the percentage of Ethereum in the circulation supply that is pledged. It is an indicator of investors’ confidence in the long-term potential of Ethereum.
Average Price of Ethereum Pledge
According to Nansen data, the average price of an Ethereum pledge is $2134 as of April 13th, 2021. The price of an Ethereum pledge may vary depending on the duration of the pledge and the conditions attached to it.
Conclusion
Ethereum continues to be a popular cryptocurrency, and its total number of pledges, circulation supply, and pledge rate provide useful insights into its current state. The Ethereum community is optimistic about its long-term potential, and investors continue to support its growth.
FAQs
1. What is the difference between an Ethereum pledge and a traditional deposit?
An Ethereum pledge is a commitment to hold ETH for a specified period or until certain conditions are met, while a traditional deposit is typically held in a bank for a fixed period and earns interest.
2. How is the average price of an Ethereum pledge determined?
The average price of an Ethereum pledge is determined based on the price of ETH at the time of the pledge.
3. What factors can affect the pledge rate of Ethereum?
Factors such as market demand, investor sentiment, and Ethereum’s price movements can affect the pledge rate of Ethereum.
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