Supply

Definition ∞ Supply refers to the total quantity of a specific digital asset that is available in the market or has been issued. This concept is critical for understanding an asset’s potential scarcity and its valuation, encompassing metrics like circulating supply, total supply, and maximum supply. Changes in supply dynamics can significantly impact market prices.
Context ∞ Current discussions on ‘supply’ often focus on token issuance schedules, burning mechanisms that reduce supply, and the total cap of a digital asset. Analyzing supply-side economics is fundamental for assessing long-term value propositions and understanding the inflationary or deflationary pressures affecting a cryptocurrency.