LONDON HARD FORK

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

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 2.0 Full Upgrade Will Prompt a 1% Annual Deflation Rate
London Hard Fork

Ethereum 2.0 Full Upgrade Will Prompt a 1% Annual Deflation Rate

A transition to the proof of stake(PoS) consensus mechanism through Ethereum 2.0 will prompt a 1% annual deflation rate on the ETH network.

Ethereum is Burning at the Rate of 6.29 ETH per Minute
London Hard Fork

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
London Hard Fork

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.

Ethereum 2.0 Sees High Deposit Rate as London Hard fork Looms
London Hard Fork

Ethereum 2.0 Sees High Deposit Rate as London Hard fork Looms

Ethereum 2.0 deposit contract has seen more accounts deposit 32 ETH in the past days as investors prepare for the impact of the EIP 1559 upgrade launch