eip 1559
EIP 1559 — ETH 2.0 and the Scarcity of Ethereum
EIP-1559 has sparked wide discussion within the Ethereum community and could be one of the major reasons ETH is starting to gain traction as a hedge against inflation.
EIP 1559 May Not Reduce High Gas Fees on Ethereum, but ETH 2.0 Will – Here’s Why
EIP-1559, an Ethereum Improvement Protocol set to launch in July, has been touted as a game-changer that will address the issue of rising gas fees on the network.
Ethereum To Become a Deflationary Asset and See Its Supply Reduced with Proposed EIP 1559 Upgrade
Ethereum has a planned upgrade for July through which its cryptocurrency supply will be reduced. This is bullish for the price of ETH.
Ethereum Has Broken Its Resistance Level of $1,682 as EIP 1559 Update Anticipated - What's Next?
The price of Ethereum (ETH) has risen, breaking through the resistance levels of $1,500 and $1,600 successfully. In the short term, it needs to break above $1,682 to continue its uptrend.
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).
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.
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 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.
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 Leads ahead of Traditional Markets Performance over the Past 30 Days
The London Hardfork or EIP 1559 upgrade that got activated in August seems to have boosted Ethereum’s performance in the last 30 days.
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.
Burnt Ether Tops $2B as Ethereum 2.0 Deposit Contract Continues to Grow
Burnt Ether stands at 608,567 ETH worth $2.089 billion since the London Hardfork or EIP 1559 upgrade went live on August 5.
Ethereum's Average Gas Fees Hit a 3-Month Low
The average gas fees on Ethereum have hit a 3-month low, below $10.
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
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
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.
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.
Ethereum Price Gains 45% in 24 hours, What’s Driving the ETH Price Rally?
The Ethereum price has made its largest single-day price gain in the crypto’s history, surging 45% in the last 24 hours, but what is behind the ETH price rally?
Total Ether Deposits in Ethereum 2.0 Hits New ATH as Interest in Proof-of-Stake Model Rises
The total number of Ethereum deposits in ETH 2.0 continues to climb as it recently set a new all-time high.
Vitalik Buterin Explains What’s Next for Ethereum after the ETH 2.0 Beacon Chain Launch
Ethereum 2.0 Phase 0, also known as the blockchain’s Beacon chain, was launched on Dec. 1. What's next for Ethereum after the launch?
Ethereum Battles Resistance as Exchange Inflow Volume Drops
On-chain metrics Glassnode reveals that Ethereum exchange inflow volume (7d MA) just reached a 1-month low of 15,477.056 ETH.
Ethereum’s Sideways Consolidation to Continue as Indicator Shows ETH is Currently Undervalued
Market analyst Michael van de Poppe has noted that ETH’s sideways consolidation will continue until a "bottoming construction"comes up.
Ethereum Price Could Surge as OCC Permits US Banks to Run Nodes For Stablecoins
A recent announcement by the Office of the Comptroller of the Currency (OCC) has provided a mainstream catalyst that could see the ETH price rally to new all-time highs.
Ethereum's Vitalik Buterin Concerned About Security Risks That Come With High ETH Transaction Fees
By now, it is no secret that Ethereum co-founder Vitalik Buterin and his team are busy perfecting Ethereum 2.0 and preparing it for its official launch.