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total eth burned tops the 2m token benchmark worth over 5b

The total amount of ETH burned has surpassed the 2 million token benchmark, which is worth over $5 billion.


The Ethereum network and its underlying coin have been running as a deflationary protocol since the London Hardfork went live in August of last year.

Since the upgrade went live, the Ether burn rate has hit a significant milestone, with over 2 million Ethereum coins burned thus far. In Accordance with data from Etherchain, exactly 2002146.0 ETH has been burnt, and this is worth approximately $5.87 billion based on the current price of ETH at $2,904.69, according to data from CoinMarketCap

(Read More) Source blockchain.news

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