Data: The amount of ETH destroyed yesterday was 610 ETH, setting a new low for this year

ChainCatcher news, according to The Block, the amount of ETH burned yesterday was only 610 ETH, setting a new low for this year. The reason is that Ethereum's gas fees are very low. Currently, gas fees are hovering between 5 and 10 gwei, one of the lowest levels so far this year, affecting the issuance of ETH.

According to data from Ultrasound.money, Ethereum's supply has experienced inflation over the past week, with a supply growth rate of 0.49%, which is contrary to its previous deflationary nature. If activity picks up and the burned ETH exceeds the issuance, it will fall back into deflation.