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coinpedia 2024-05-06 12:24:15

Ethereum Hits The Lowest ETH Burn of 2024 Amid Fee Dip!

The post Ethereum Hits The Lowest ETH Burn of 2024 Amid Fee Dip! appeared first on Coinpedia Fintech News On Sunday, May 5th, Ethereum saw a record low for the year with only 610 ETH burned, reported by TheBlock. This decrease in ETH destruction is due to reduced network fees, with current gas fees between 5 and 10 gwei, significantly lower than earlier in the year. Normally, Ethereum’s daily burn ranged from 2,500 to …

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