Over half a billion dollars in Ethereum has been burnt in the | 🔸️Ethereum | Bitcoin & Altcoin News
Over half a billion dollars in Ethereum has been burnt in the past month, ETH holders await Spot ETF approval
Ethereum price hit a new high of $4,012 for the first time since late December 2021, marking a key milestone for the altcoin ahead of its key upgrade. Ethereum holders are awaiting the upcoming Dencun upgrade, the most significant development since the altcoin’s migration to Proof-of-Stake. Ethereum had a major developmental milestone when it migrated from Proof-of-Work consensus mechanism to Proof-of-Stake, marked by the Merge.
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