Burn Rate Surges Amid Spike In Ethereum On-Chain Activity

Nearly $63M worth of ETH was burned in the past two weeks. The circulating supply of Ether is at a new post-merge low after a recent jump in gas fees pushed up Ethereum’s burn-rate. Data from Ultra Sound Money shows the supply of Ether sitting below 120.16M after more than 21,000 ETH worth $62.8M…#ethereum #12016m #shanghai #mergeethereum #layer2 #defillama #l2s #etherscan #alunevans #laosnetwork

Source: Reuters: Health - March 10, 2024 Category: Consumer Health News Source Type: news