🔥【Daily destruction of Ethereum network hits a record low, gas fees drop sharply! 】🔥
According to The Block, daily ETH destruction of the Ethereum network has dropped to the lowest level in recent years. Only 210 ETH were destroyed on Saturday, while the net issuance exceeded 2,000 ETH. The base fee hovered between 1 and 2gwei, hitting a multi-year low.
⚡️The reason behind the reduction in#ETHdestruction is the decline in gas fees, which has led to an increase in the inflation rate of the network. The founder of Gnosis suggested raising the gas limit to cope with this inflationary trend.
ETH is currently priced at $2,540 and has a market value of $305 billion. What is the future trend? Follow Mr. Qiu for more market analysis and operation strategies!
