Cryptocurrency Q&A
How fast is Ethereum burning?
How fast is Ethereum burning?
Dario
Wed Feb 12 2025
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5
answers
1052
I've been hearing a lot about Ethereum burning recently and I'm curious to know how fast the process is going. I want to understand the rate at which Ethereum is being burned.
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5 answers
Federica
Fri Feb 14 2025
The implementation of EIP-1559 in June 2021 has led to a substantial increase in the amount of ETH burned. As of August 5, 2024, a total of 4.36 million ETH have been burned since the upgrade.
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Martino
Fri Feb 14 2025
In the second quarter of 2024, 107,725 ETH were burned on the Ethereum network.
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CryptoTitan
Fri Feb 14 2025
This figure represents a notable decrease from the first quarter of 2024, with a drop of -67.7% in the amount of ETH burned.
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EnchantedSeeker
Fri Feb 14 2025
The Ethereum network has seen a significant amount of ETH burned as of August 5, 2021.
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SakuraSmile
Fri Feb 14 2025
Since the beginning of the year, a total of 465,657 ETH have been burned on the Ethereum network.
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