In April, 54,640 ETH were destroyed on the Ethereum chain, and the NFT transaction volume fell by nearly 35%.
2024-05-02 16:26:25
According to TheBlockPro data, the Ethereum network destroyed a total of 54,640 ETH worth the equivalent of $179 million in April. The data shows that since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed a total of about 4.78 million ETH worth about $12.02 billion. In addition, the transaction volume of the NFT market on the Ethereum chain has dropped significantly by 34.5% to about $476 million, while the Ethereum pledge revenue has further declined to $257 million, a decrease of 16.9%, compared with the decline of Bitcoin miner income to $1.78 billion in April, a decrease of 11.3%.
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