💥Linea Revolutionizes Ethereum with the Burning of #ETH

The Layer 2 network Linea marks a milestone by introducing a burning mechanism for Ether (ETH), becoming the first L2 to do so. Starting today, July 29, 2025, 20% of all net transaction fees on Linea will be permanently removed from circulation.

This initiative aims to create deflationary pressure on the supply of $ETH , reversing Ethereum's slight current inflation. If the usage of Linea increases, a significant impact on the value of ETH is expected. Additionally, Linea introduces "yield" in DeFi for "bridged" ETH and forms a consortium to manage a large ecosystem fund. A crucial advancement for the sustainability and growth of Ethereum.