Ethereum's circulating supply increased by 2,955 ETH in 24 hours while only 13.59 ETH were burned, marking a sharp decline in the burn rate to just 0.46% of new issuance. This shift is due to a significant drop in network fees, which fell 54% in one day as much activity has moved to cheaper layer 2 networks like Arbitrum and Optimism. The reduced burn weakens Ethereum's previous scarcity narrative, though the supply growth is a modest headwind rather than a sell signal. Future burn rates depend on network usage and upcoming upgrades that could further lower fees and burn. Investors should watch fee and burn levels alongside price movements for signs of changing network activity.
Ethereum supply and burn dynamics provide context for readers, with Pluang market data as of Oct 18, 2026 04:41 WIB showing a broad downturn among major cryptocurrencies. Of 50 priced assets, 7 rose and 42 fell. Notable movers include FIL at Rp18.807 with a 1-day change of -7.56%, ONE at Rp25 down 6.34%, and COTI at Rp192 down 5.99%.
AIsa, an AI infrastructure startup, announced it has raised over $9 million in cumulative funding after Tether and HIVEN joined a seed extension round. The company connects AI agents to external data and services while managing usage, billing, and sp...
Worldcoin (WLD) experienced a price decline to $0.4797 on October 17, falling over 5% in the last hour and nearly 6% in 24 hours. The drop coincided with $800,000 in long position liquidations across Binance, Bybit, and OKX, while no short positions ...
Bitcoin wallets store private keys, not coins, which are entries on the blockchain. Setting up a wallet involves generating and securely storing a recovery phrase that can restore access to funds. Users must avoid shortcuts like skipping phrase verif...
Solana (SOL) experienced a 2.13% price decline within one hour, falling to $102 on Binance's spot market. Over the past 24 hours, SOL dropped 2.32%, with significant long positions totaling $8.6 million and minimal short positions of $60,000 recorded...
Bitcoin experienced $10.91 million in liquidations during the hour ending at 5:35 p.m. ET on October 17, with its price dropping 0.70% from $81,658 to $81,087. The liquidations included $10.44 million in long positions and $480,000 in short positions...
