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#ity. It's a key indicator of Ethereum's deflationary pressure. EIP-1559, introduced to the network, mandates a portion of transaction fees are burned, reducing the circulating supply. Here's a more detailed look: Factors Affecting the Burn Rate: EIP-1559: The main mechanism driving the burn rate. A portion of transaction fees is burned, not given to miners. Network Activity: Higher transaction volume generally leads to a higher burn rate. Base Fee: The base fee for transactions is the primary driver of the burn rate. Protocol Changes: Updates to the Ethereum protocol can affect how fees are distributed and burned. Why the Burn Rate Matters: Deflationary Pressure: The burn rate contributes to deflationary pressure on the network, potentially increasing ETH's value. Supply and Demand: By reducing the circulating supply, the burn rate helps to manage the balance between supply and demand. Economic Health: The burn rate is a metric used to assess the health of the Ethereum network's economy. Recent Trends: In the first quarter of 2025, Ethereum burned only 47.2k ETH while emitting 232.2k ETH. Daily burns have averaged around 524 ETH, which isn't enough to offset emissions, according to a BingX Blog. The network was deflationary for only 3 days in the entire quarter. The burn rate is currently around 0.13 ETH per minute, and the total burned is 4.6 GWei, according to Beaconcha.in. AInvest reports that the burn rate has reached an all-time low, with ETH supply growth at 0.76%. #ETH🔥🔥🔥🔥🔥🔥

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The number of FET whales—wallets holding between 10,000 and 1,000,000 tokens—increased from 572 on April 13 to 586 by April 19. This steady growth in large holders points to rising confidence among bigger players. It comes at a time when the broader AI crypto narrative is showing signs of a rebound. Key AI coins like FET, TAO, and RENDER have all increased over 9% in the last seven days, with FET itself gaining more than 8% in the past 24 hours and 13.5% over the week. This suggests a possible comeback for the artificial intelligence narrative in crypto. Number of Addresses Holding Between 100,000 and 1,000,000 FET If this momentum continues, FET could push toward resistance at $0.659. A clean breakout from that level could open the door to further gains, with $0.77 and $0.82 as the next potential targets. On the flip side, if the rally stalls, FET might drop back to test support at $0.54. A breakdown below that could send it as low as $0.44. With whale activity heating up and the AI sector showing renewed strength, FET’s next move could be a key signal for where the narrative heads next. #Fetch_ai

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Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN). All three have seen a noticeable uptick in large-holder accumulation over the last week, signaling growing interest from big players despite recent volatility. While ETH and XCN are both coming off sharp corrections, whale buying suggests confidence in a potential rebound. Meanwhile, FET is riding renewed momentum in the AI sector, with whale activity accelerating alongside rising prices#BinanceLeadsQ1

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