Daily ETH Burn Rate Hits Yearly Low amid Reduced Gas Fees
As an analyst with extensive experience in the cryptocurrency market and a deep understanding of Ethereum’s intricacies, I find the recent decline in ETH burning and gas fees on the network quite intriguing. The record-low daily burn of 610 ETH on May 5, 2024, is a stark contrast to the daily averages of over 2,500–3,000 … Read more