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EIP-1559 has been activated for over 1,000 days, with a total of 4,285,373.45 ETH destroyed

EIP-1559 has been activated for over 1,000 days, with a total of 4,285,373.45 ETH destroyed

Bitget2024/05/03 07:57
ETH+1.41%

According to Ultrasound data, EIP-1559 has been activated for 1,001 days, with a total of 4,285,373.45 ETH destroyed, valued at over $12.8 billion. Note: Since the introduction of EIP-1559 in the Ethereum London upgrade, the Ethereum network adjusts the Base Fee for each transaction dynamically based on transaction demand and block size. This portion of the fee is directly burned and destroyed.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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