Cryptocurrency is a rapidly evolving world that presents high rewards. The crypto market operates 24/7, which keeps traders alert to seize profit opportunities at any time. However, relying solely on trading to maintain long-term profitability may not be feasible. This is where crypto passive income strategies can be beneficial.
Since Ethereum's London hard fork 21 months ago, the network has seen the elimination of more than 3.33 million Ether, amounting to $6.1 billion. Currently, about 3.51 ether is burned every minute. The Opensea platform has emerged as a significant player in the burn process since August 5, 2021, ranking just below traditional ETH transfers, with a contribution of 230,050 ETH burned.