미국, 비자에 직불카드 결제 독점 혐의 제기 
Hamster Kombat Roadmap Drops Huge 2025 Web3 Plans, Including NFT Rewards and Token Buybacks 
FxWirePro- STRKUSD (Chart of the day) 
Shiba Inu’s SHI Stablecoin Update: Shibarium Launch Looms as SHIB Team Drops Key Hints 
Middle East Grabs 7.5% of Global Crypto Volume with $338B in High-Stakes Institutional Deals! 
Hamster Kombat Goes Live on Binance: Is HMSTR the Next Big Crypto? 
Can Coinbase’s Hamster Kombat Futures Listing Spark a Comeback After HMSTR’s 43% Price Crash? 
Cybertruck Lands in Mexico with First Deliveries – Canada to Join the Party Soon! 
‘Dogefather’ Strikes Again! Elon Musk’s Post Powers DOGE to Break $0.111 as Whales Dive In 
아이폰 16 리드 타임 감소 지속, 모건스탠리 분석 발표… 주가 하락세 
SpaceX Nears 4 Million Starlink Customers and Invests $3 Billion in Texas Starship Development 
Shell Halts Norway Blue Hydrogen Project Due to Insufficient Market Demand for the Fuel 
Mt. Gox Empties Wallets After $370,000 BTC from Kraken—Is a $2.85 Billion Repayment Next? 
Breaking: PayPal Launches Crypto Services for Millions of US Businesses 
FxWirePro- SOLUSD surges more than 10% this week, good to buy on dips 
South Korea Launches Massive Crypto Rescue to Return Lost Funds from Failed Exchanges 
오픈AI 인사 이동, 조직 재편과 무관하다고 CEO 밝혀 
Over the past week, Ethereum's burn rate has risen by 168%, reducing the circulating supply amid growing network activity. Historical trends suggest this could precede an ETH price increase.
The burn rate of Ethereum has climbed by a significant 168% in the past week, which might mean more activity on the blockchain and higher prices for the commodity.
Ethereum Burn Rate Jumps by 168%
Due to its daily burning of a large quantity of ETH, Ethereum causes deflationary pressure, which is one of the key variables determining price performance.
There has been a dramatic shift in Ethereum's supply and demand over the past week, with 6,098 ETH introduced to the system and 12,250 ETH consumed.
Deflationary Pressure Reduces ETH Supply
One of the primary reasons for the increase in the burn rate is the growing utilization of the Ethereum network. Ethereum is a great platform for decentralized banking, NFTs, and other applications, but the gas fees that come with each transaction are eating up ETH.
As a result of more network activity and an increase in the number of Ethereum burned, the overall supply of the asset in circulation decreases. The regulation of Ethereum's inflation relies on this process.
Historical Trends Suggest Price Surges Follow High Burn Rates
Historically, when Ethereum's burn rate has increased, it has been followed by significant price surges. Going back to January and October of 2023, we can observe that when the daily burn rate was significantly raised, the price of ETH went up. A combination of falling supply and steady or rising demand has, in most cases, ignited the rising price momentum.
Ethereum Price Recovers to $2,617 Amid Burning Surge
The price of Ethereum is presently $2,617, indicating a possible recovery, and major resistance levels are drawing near, as reported by U.Today.
This pattern appears to be occurring again and again. Despite this optimistic prediction, it is critical to monitor market mood, network activity, and the burn rate.
Burn Rate: An Indicator of Ethereum's Network Demand
A high burn rate is an accurate indicator of Ethereum's current utility and network demand, but it does not guarantee price gains in the long run.
