Golden Finance reported that the daily ETH destruction on the Ethereum network has dropped to a year-low. As of press time, the network's basic fee hovered between 1 and 2gwei, a record low in several years, which in turn affected the issuance of ETH. Due to the lower Gas fee, only 210 ETH were destroyed last Saturday. In contrast, on August 5, when the Gas fee reached about 100gwei, the daily destruction soared to 5,000 ETH.