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EIP 1559

Taiko Reveals Post-Mainnet Optimizations and Future Roadmap
Eip 1559

Taiko Reveals Post-Mainnet Optimizations and Future Roadmap

Taiko announces significant L1 gas cost reductions and unveils future enhancements post-mainnet launch, including EIP-1559 improvements and transaction preconfirmation.

Mantle (MNT) Network Launches Mainnet v2 Tectonic
Eip 1559

Mantle (MNT) Network Launches Mainnet v2 Tectonic

Mantle Network has completed its Mainnet v2 Tectonic upgrade, delivering low gas fees and enhanced EVM interoperability.

Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14
Eip 1559

Optimism (OP) Prepares for Canyon Hardfork Across Superchain Testnets on November 14

OP Labs Team announces Canyon hardfork for Superchain testnets, November 14, incorporating Shanghai and Capella updates, bug fixes, and EIP-1559 changes. Node operators must upgrade systems.

Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet
Eip 1559

Polygon 2.0 Takes Major Step with POL Contracts on Goerli Testnet

Polygon is closing in on the launch of its 2.0 version with the deployment of POL contracts on the Goerli testnet. This significant development is a result of community consultations and the introduction of two new Polygon Improvement Proposals (PIPs), PIP-24 and PIP-25. These PIPs aim to modify the EIP-1559 burn system and adjust the POL token supply.

Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B
Eip 1559

Total ETH Burned Tops the 2M Token Benchmark Worth Over $5B

Since the London Hardfork went live in August last year, the Ethereum network and its underlying token have been operating as a deflationary protocol.

Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021
Eip 1559

Ethereum’s Transaction Volume Scales the Heights by Topping 2.14B ETH in 2021

With an annual return rate of 399.2%, Ethereum (ETH) has scaled the heights in 2021 thanks to increased adoption and notable upgrades like the London Hard Fork.

Ethereum is Burning at the Rate of 6.29 ETH per Minute
Eip 1559

Ethereum is Burning at the Rate of 6.29 ETH per Minute

Burnt Ether is edging closer to the 1.2 million ETH mark, given that it's burning at a rate of 6.29 ETH, approximately $24,361, per minute.

London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds
Eip 1559

London Hard Fork Saved Ethereum Users $844m in Transaction Fees via Base Fee Refunds

Since going live on August 5, the London Hard Fork or EIP 1559 upgrade sought to make the Ethereum network deflationary by injecting a scarcity parameter.

Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record
Eip 1559

Burnt Ether Tops 1 Million ETH as Non-Zero Ethereum Addresses Break the Record

Ethereum has been making notable strides in terms of burnt Ether after crossing the 1 million ETH mark.

Burnt Ethereum Edges Closer to a Billion-Dollar Value
Eip 1559

Burnt Ethereum Edges Closer to a Billion-Dollar Value

After the London Hardfork or EIP 1559 upgrade went live on August 5, the first-ever deflationary block on the Ethereum network occurred because scarcity was introduced every time Ether was burnt after being used in transactions.

Ethereum is Set to Become Deflationary after the London Hardfork Went Live
Eip 1559

Ethereum is Set to Become Deflationary after the London Hardfork Went Live

Ethereum is expected to become deflationary, given that its value is anticipated to continue increasing with time on the foundation of slashed supply prompted by the London Hardfork or EIP 1559 upgrade.

Ethereum's Average Gas Fees Hit a 3-Month Low
Eip 1559

Ethereum's Average Gas Fees Hit a 3-Month Low

The average gas fees on Ethereum have hit a 3-month low, below $10.

ETH Price Sees Revival as Ethereum 2.0 Deposits Surpass $9 Billion
Eip 1559

ETH Price Sees Revival as Ethereum 2.0 Deposits Surpass $9 Billion

Ethereum 2.0 deposits just went above $9 billion as ETH is seeing impressive price corrections from last week's dip.

Retail Accumulation May Account for Why Ethereum Maintained Support at $2000
Eip 1559

Retail Accumulation May Account for Why Ethereum Maintained Support at $2000

Ethereum is fighting to maintain support at $2,000. Glassnode has revealed that the addresses holding more than 0.1 Ether have reached a new all-time high today.

Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari
Eip 1559

Ethereum to Overtake Bitcoin as the More Attractive Asset with ETH 2.0 and EIP 1559 Rollout - Messari

Messari lead crypto researcher Ryan Watkins seems to think that in the long-term, Ethereum may appreciate more than Bitcoin (BTC).