300K burned
BLOCKCHAIN
Burn Rate
deflationary
EIP 1559
ETH
ETH fees
ETH Markets
ETH Transfers
ether
Ethereum
Ethereum (ETH)
Fee Burn
Fees
Fees Spike
Hard Fork
London
London fork
London Upgrade
NEWS
Opensea
ruleset change
Stablecoins
Technology
Tether
UNISWAP
USDC
USDT
Ethereum After 1559: Network Participants Burn Over 300,000 Ether Worth More Than $1 Billion
On August 5, 2021, the Ethereum network and its participants successfully completed the highly anticipated London upgrade, which saw the implementation of the Ethereum Improvement Proposal (EIP)-1559. Since then, 303,681…