ETH burn rate reaches a low point for the year, with the daily burn volume once dropping to 210 ETH.
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Odaily Odaily News: The daily amount of ETH destroyed on the Ethereum network has dropped to a low point this year. As of press time, the basic fee of the network hovered between 1 and 2 gwei, a record low in several years, which in turn affected the issuance of ETH. Due to the lower Gas fee, only 210 ETH were destroyed last Saturday. In contrast, on August 5, when the Gas fee reached about 100 gwei, the daily destruction soared to 5,000 ETH. (The Block)
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