Ether Burns Offset Just 3.2% of New Issuance Over 30 Days

Your call?🐂 Bullish🐻 Bearish

$ETH

$2,020

-1.7%

Ethereum co-founder Vitalik Buterin said fee burns are too volatile to anchor Ether’s value. A burn-based calculation puts the asset’s theoretical value at about $1.25 billion.