54,640 ETH were destroyed on the Ethereum chain in April, and NFT transaction volume fell by nearly 35%

In April, the Ethereum network destroyed a total of 54,640 ETH, worth approximately $179 million. The data shows that since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed approximately 4.78 million ETH, worth about $12.02 billion. In addition, the trading volume of NFT markets on the Ethereum chain has dropped significantly by 34.5%, to about $476 million, and Ethereum staking revenue has further declined to $257 million, a decrease of 16.9%. In comparison, Bitcoin miner revenue in April decreased to $1.78 billion, a drop of 11.3%.