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Ethereum burn volume hits record low

2025/03/25 11:26 (Updated 2025/03/27 04:01)
CoinPost
Written by K.Kobayashi
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Ethereum burn volume hits record low
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Table of Contents

  1. Ethereum burn rate

Ethereum burn rate

Trends in Ethereum Burns

The amount of cryptocurrency Ethereum (ETH) burned from transaction fees has fallen to an all-time low.

According to the following chart from Etherscan, the daily burn amount on March 23rd fell to about 50 ETH. It has been noted that activity on the blockchain for Ethereum is decreasing.

What is Burning?

The act of reducing the supply of cryptocurrency. When burned, the supply decreases, making it easier for upward pressure to be placed on prices.

In August 2021, Ethereum implemented a major upgrade called "London," which reduced the basic fee to 50 ETH.

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May 2025 issueReleased on 2025/03/28
Interview Iolite FACE vol.13 Joseph Lubin, co-founder of Ethereum and founder of Consensys PHOTO & INTERVIEW Yusuke Narita Features: "Dawnbreak Players 30: 30 Web 3.0 Players to Watch in 2025", "How to Use EXPO2025 DIGITAL WALLET", "The Global Controversy Over Meme Coins: What Happened in the U.S. and Argentina", "Finally, Technology Has Entered the Social Implementation Phase: Examples of Web 3.0 Use in an Era of Declining Population" Crypto Journey: Interview with Mohsin, a Popular Crypto YouTuber Special Series: Virtual Nishi: "Market Trends in Crypto Assets and Key Points to Interpret" Series: Tech and Future: Toshinao Sasaki, etc.