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Ethereum gas fee reduction leads to a 12-month low in its destruction rate

Ethereum gas fee reduction leads to a 12-month low in its destruction rate

CointimeCointime2024/06/24 02:02
By:Cointime

According to data, the reduction of Ethereum Gas fees has led to its destruction rate hitting a new low in the past 12 months. Data from ultrasound.money shows that Ethereum is currently in a slight inflationary state due to the reduced destruction rate, with an average supply growth rate of 0.56% per year over the past 7 days. (The Block)

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