$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Coinbase Hits Record 10.3% Market Share Despite $359M Loss
Coinbase Global (Nasdaq: COIN) captured an all-time-high 10.3% share of global crypto trading volume in the second quarter, even a...
Bitcoin And Ethereum Edge Higher As Traders Watch Altcoin Rotation
Bitcoin and Ethereum edged higher into July 31, while a small shift in market dominance suggested traders were again watching whet...
Coinbase Says Revenue From Its Base Layer 2 Fell Despite Record Volume
Coinbase says Base is processing more stablecoin volume than any other blockchain — and the company is earning less from the netwo...
Bitcoin (BTC) Price Today: Michael Saylor’s Strategy Reports $8.3B Loss as BTC Slides Below $64K
The BTC move comes shortly after Strategy reported an $8.33 billion operating loss for the second quarter of 2026, including an $8...
Coinbase reports delayed MultiversX transactions for some users
Coinbase's temporary transaction delays highlight the critical need for robust integration layers to ensure seamless crypto asset...
Bitcoin hashrate decline nears 287 days as miner stocks surge
The shift from Bitcoin mining to AI hosting highlights a strategic pivot, potentially stabilizing revenue but increasing market co...