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🔥 Ethereum Incinerates $32M in ETH While Shattering Records with 24,192 TPS Network Surge

🔥 Ethereum Incinerates $32M in ETH While Shattering Records with 24,192 TPS Network Surge

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2025-11-10 08:58:49

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Ethereum's furnace roars to life—another $32 million in ETH goes up in smoke as the network hits ludicrous speed.

24,192 transactions per second? That's not a typo—it's a middle finger to legacy finance rails creaking along at 50 TPS on a good day.

The burn mechanism keeps deflationary pressure cooking while validators scramble to keep up with demand. Gas wars? More like gas fireworks.

Wall Street analysts clutch their pearls as Ethereum demonstrates what 'ultrasound money' looks like in practice—actual scarcity, not just spreadsheet promises.

One cynic's take: 'Congrats on burning banker salaries—now about those Layer 2 withdrawal delays...'

Ethereum Burns $32 Million in ETH as Network Hits Record 24,192 TPS

Ethereum has achieved a historic milestone, processing 24,192 transactions per second, the highest ever recorded for the network. The data, compiled by analytics platform Growthepie, attributes this record to the inclusion of Lighter.

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