The daily issue of ether relative to coins already in circulation for the first time in the entire existence of the cryptocurrency fell below the bitcoin indicator, IntoTheBlock analyst Lucas Outumuro draws attention. The net inflation of ether on the daily segment now amounts to 3,574 ETH or 1.11% in annual terms, while bitcoin inflation remains at the level of 900 BTC per day (1.75%). This effect was achieved as a result of the activation of the EIP-1559 update in the Ethereum network, which allows you to burn part of the coins paid as commissions. Recently, the volume of coins burned exceeded 100,000 ETH, which corresponds to 36% of all issued ETH during the same time. At the time of reaching this mark, 20 days have passed since the activation of EIP-1559. #CryptoTrading
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