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Against the background of the activation of Ethereum users and the growth of commissions on the network, the rate of burning cryptocurrency as payment for transactions is also increasing. Over the past month, more than 22 thousand ETH have fallen out of cryptocurrency circulation. We are talking about the equivalent of more than 46 million dollars. The systematic transition to POS is bearing fruit. Also, according to the Beaconcha-in platform, there are now more than 28 million ETH staked on the Ethereum network, which translates to 23.4 percent of the total number of coins in circulation. At the same time, the annual profitability of the occupation is at the level of 3.7 percent.

Against the background of the activation of Ethereum users and the growth of commissions on the network, the rate of burning cryptocurrency as payment for transactions is also increasing.

Over the past month, more than 22 thousand ETH have fallen out of cryptocurrency circulation. We are talking about the equivalent of more than 46 million dollars.

The systematic transition to POS is bearing fruit.

Also, according to the Beaconcha-in platform, there are now more than 28 million ETH staked on the Ethereum network, which translates to 23.4 percent of the total number of coins in circulation. At the same time, the annual profitability of the occupation is at the level of 3.7 percent.

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