Facet founder Michael Hirsch posted on X platform stating: "Facet transactions occupy most of the Ethereum block space. We are working hard to improve the speed of the indexer." Data shared by Hirsch shows that in 5 minutes, a total of 26.56 ETH was destroyed on Ethereum, with Facet ranking first in terms of destruction volume, having destroyed 10.03 ETH in 5 minutes.

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