Daily ETH burn hits all-time low as Ethereum’s on-chain activity dips 🔥
Ethereum's daily ETH burn rate has hit an all-time low. This decrease is linked to a slump in on-chain activity. Notably, the creation of new addresses has declined, alongside reduced on-chain volume and transaction counts.
The recent downturn in activity marks a significant shift, raising concerns within the community about the overall usage of the Ethereum network.
Source: www.theblockcrypto.com ↗
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