Implementing token burn has caused Ethereum's average gas fees to fall from around 100-200 Gwei in early 2021 to 15-20 Gwei in December 2022.
The second largest cryptocurrency by market cap, Ethereum (ETH), implemented a token burn mechanism on Aug.
Implementing token burn has caused Ethereum's average gas fees to fall from around 100-200 Gwei in early 2021 to 15-20 Gwei in December 2022.
The second largest cryptocurrency by market cap, Ethereum (ETH), implemented a token burn mechanism on Aug.