One Year After Burning Mechanism Launched, 2.5 Million Ethereum Worth $5B Burnt, Is ETH Becoming Deflationary?

  About 2.1% of Ethereum’s circulating supply has been burned since the London hard fork. A look at Watch the Burn, a platform that offers real-time data on Ethereum’s burn mechanism introduced with EIP-1559, also known as the London hard fork, in August last year, reveals that in one year, the network has burned over […]The post One Year After Burning Mechanism Launched, 2.5 Million Ethereum Worth $5B Burnt, Is ETH Becoming Deflationary? appeared first on The Crypto Basic.