Ethereum Burn Rate Surges 163% in a Week

The post Ethereum Burn Rate Surges 163% in a Week appeared first on Coinpedia Fintech News Ethereum’s daily burn rate has increased remarkably over the last week by 163%. Historically, the burn rate trend shows that a rise in burnt ETH often precedes price increases, potentially due to a sudden decrease in supply. Based on previous data, spikes in burn rate in January and October 2023 led to a boost in …