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dogwifhat (WIF) $ 1.53
Binance-Peg WETH (WETH) $ 2,321.88
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Theta Network (THETA) $ 1.31
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Polygon (MATIC) $ 0.379401
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Bonk (BONK) $ 0.000016
Celestia (TIA) $ 5.11
Gate (GT) $ 8.12
Pyth Network (PYTH) $ 0.285966
Quant (QNT) $ 71.69
Algorand (ALGO) $ 0.122711
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Sei (SEI) $ 0.273239
JasmyCoin (JASMY) $ 0.019648
Bitcoin SV (BSV) $ 46.24
MANTRA (OM) $ 1.09
Lido DAO (LDO) $ 0.982212
Renzo Restaked ETH (EZETH) $ 2,372.27
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ether.fi Staked ETH (EETH) $ 2,322.13
Beam (BEAM) $ 0.015088
Nervos Network (CKB) $ 0.017354
Klaytn (KLAY) $ 0.128973
PayPal USD (PYUSD) $ 1.01
USDD (USDD) $ 0.997132
Notcoin (NOT) $ 0.007238
EOS (EOS) $ 0.478764
Brett (BRETT) $ 0.074003
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Tokenize Xchange (TKX) $ 9.03
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Flare (FLR) $ 0.014268
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Popcat (POPCAT) $ 0.694038
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Starknet (STRK) $ 0.376170
Frax (FRAX) $ 0.994833
Marinade Staked SOL (MSOL) $ 159.34
NEO (NEO) $ 9.24
Tether Gold (XAUT) $ 2,573.73
Tezos (XTZ) $ 0.633043
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ORDI (ORDI) $ 30.03
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 60,422.00
eCash (XEC) $ 0.000031
Akash Network (AKT) $ 2.41
Kelp DAO Restaked ETH (RSETH) $ 2,384.18
SATS (Ordinals) (SATS) $ 0.00000028
The Sandbox (SAND) $ 0.248488
Ethereum Name Service (ENS) $ 16.70
NEXO (NEXO) $ 0.982033
dYdX (DYDX) $ 0.839659
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,333.97
Ronin (RON) $ 1.47
Wormhole (W) $ 0.200462
Decentraland (MANA) $ 0.273349
Pendle (PENDLE) $ 3.24
ApeCoin (APE) $ 0.753109
TrueUSD (TUSD) $ 1.00
PAX Gold (PAXG) $ 2,595.31
Mina Protocol (MINA) $ 0.421308
Coinbase Wrapped Staked ETH (CBETH) $ 2,512.29
Dogs (DOGS) $ 0.000921
Chiliz (CHZ) $ 0.051716
PancakeSwap (CAKE) $ 1.72
Terra Luna Classic (LUNC) $ 0.000081
Zcash (ZEC) $ 29.99
Synthetix Network (SNX) $ 1.37
DeXe (DEXE) $ 7.65
LayerZero (ZRO) $ 3.96
Astar (ASTR) $ 0.060469
L2 Standard Bridged WETH (Blast) (WETH) $ 2,332.80
Aerodrome Finance (AERO) $ 0.705324
Ethena (ENA) $ 0.227411
XDC Network (XDC) $ 0.028009
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
Frax Ether (FRXETH) $ 2,306.74
IOTA (IOTA) $ 0.122121
BOOK OF MEME (BOME) $ 0.006028
AIOZ Network (AIOZ) $ 0.378353
Livepeer (LPT) $ 12.15
USDB (USDB) $ 1.02
Jupiter Staked SOL (JUPSOL) $ 135.56
ZKsync (ZK) $ 0.110801
APENFT (NFT) $ 0.00000041
Axelar (AXL) $ 0.508273
Theta Fuel (TFUEL) $ 0.059880
Oasis Network (ROSE) $ 0.058899
Bitcoin Gold (BTG) $ 21.97
Gnosis (GNO) $ 147.22
Raydium (RAY) $ 1.46
MX (MX) $ 3.88
L2 Standard Bridged WETH (Base) (WETH) $ 2,344.81
Compound (COMP) $ 42.34
cat in a dogs world (MEW) $ 0.004282
Binance-Peg BUSD (BUSD) $ 1.01
SuperVerse (SUPER) $ 0.822872
WEMIX (WEMIX) $ 0.879904
Beldex (BDX) $ 0.053749
Echelon Prime (PRIME) $ 7.80
SafePal (SFP) $ 0.734588
Blur (BLUR) $ 0.188057
Turbo (TURBO) $ 0.005057
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,328.63
Safe (SAFE) $ 0.720439
Kava (KAVA) $ 0.320546
Neiro (NEIRO) $ 0.000828
Ondo US Dollar Yield (USDY) $ 1.06
Trust Wallet (TWT) $ 0.803059
Dymension (DYM) $ 1.63
Baby Doge Coin (BABYDOGE) $ 0.00000000
Mog Coin (MOG) $ 0.00000094
Staked Frax Ether (SFRXETH) $ 2,558.53
Bitcoin Avalanche Bridged (BTC.b) (BTC.B) $ 60,525.00
Reserve Rights (RSR) $ 0.006367
Sundog (SUNDOG) $ 0.323201
Curve DAO (CRV) $ 0.267355
PepeCoin (PEPECOIN) $ 2.70
Osmosis (OSMO) $ 0.463733
IoTeX (IOTX) $ 0.033619
Aevo (AEVO) $ 0.364953
Swell Ethereum (SWETH) $ 2,491.74
Lombard Staked BTC (LBTC) $ 60,955.00
SingularityNET (AGIX) $ 0.603563
Kusama (KSM) $ 20.18
1inch (1INCH) $ 0.242497
WOO (WOO) $ 0.166558
GMT (GMT) $ 0.123141
Amp (AMP) $ 0.003654
ConstitutionDAO (PEOPLE) $ 0.057505
Dash (DASH) $ 24.02
Holo (HOT) $ 0.001625
Stader ETHx (ETHX) $ 2,422.70
MMX (MMX) $ 1.92
Metaplex (MPLX) $ 0.279055
JUST (JST) $ 0.027455
Arkham (ARKM) $ 0.995491
Golem (GLM) $ 0.273750
QuantixAI (QAI) $ 77.39
Galxe (GAL) $ 2.14
Memecoin (MEME) $ 0.009972
Manta Network (MANTA) $ 0.702791
Ultima (ULTIMA) $ 6,577.41
CorgiAI (CORGIAI) $ 0.000758
cWBTC (CWBTC) $ 1,217.31
Jito (JTO) $ 2.02
aelf (ELF) $ 0.355624
Gravity (G) $ 0.035736
Zilliqa (ZIL) $ 0.013399
Basic Attention (BAT) $ 0.170778
Illuvium (ILV) $ 37.44
Ankr Network (ANKR) $ 0.025311
Olympus (OHM) $ 15.43
Terra (LUNA) $ 0.364450
ZetaChain (ZETA) $ 0.605842
Celo (CELO) $ 0.446323
Polygon Bridged WBTC (Polygon POS) (WBTC) $ 60,972.00
Siacoin (SC) $ 0.004234
Avail (AVAIL) $ 0.138072
Usual USD (USD0) $ 1.00
Enjin Coin (ENJ) $ 0.138479
0x Protocol (ZRX) $ 0.283176
Ether.fi (ETHFI) $ 1.35
Ravencoin (RVN) $ 0.016652
Polymesh (POLYX) $ 0.218787
Qtum (QTUM) $ 2.24
Aragon (ANT) $ 5.75
OUSG (OUSG) $ 108.03
Aethir (ATH) $ 0.056877
Simon's Cat (CAT) $ 0.000034
CoinEx (CET) $ 0.080724
DOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.002272
Sun Token (SUN) $ 0.022828
GMX (GMX) $ 22.84
Rollbit Coin (RLB) $ 0.089092
Quorium (QGOLD) $ 2,566.77
Mask Network (MASK) $ 2.15
Mantle Bridged USDT (Mantle) (USDT) $ 0.997095
Radix (XRD) $ 0.020239
Flux (FLUX) $ 0.592692
Gas (GAS) $ 3.24
Arbitrum Bridged USDC (Arbitrum) (USDC.E) $ 1.01
Threshold Network (T) $ 0.021330
Liquid Staked ETH (LSETH) $ 2,454.17
Saga (SAGA) $ 2.02
tBTC (TBTC) $ 60,380.00
OriginTrail (TRAC) $ 0.501128
Qubic (QUBIC) $ 0.000002
Venom (VENOM) $ 0.105521
Rocket Pool (RPL) $ 9.62
Tribe (TRIBE) $ 0.434028
BENQI Liquid Staked AVAX (SAVAX) $ 27.31
Ocean Protocol (OCEAN) $ 0.589050
Goldfinch (GFI) $ 2.36
MimbleWimbleCoin (MWC) $ 17.89
Blast (BLAST) $ 0.009496
Decred (DCR) $ 11.74
Binance-Peg Dogecoin (DOGE) $ 0.101666
EthereumPoW (ETHW) $ 1.76
dYdX (ETHDYDX) $ 0.840176
Nexus Mutual (NXM) $ 53.01
Biconomy (BICO) $ 0.213996
Metis (METIS) $ 31.09
AltLayer (ALT) $ 0.078934
Kadena (KDA) $ 0.606512
Osaka Protocol (OSAK) $ 0.00000023
Polygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.998996
COTI (COTI) $ 0.103252
Arcblock (ABT) $ 1.74
io.net (IO) $ 1.89
API3 (API3) $ 1.53
Wrapped Beacon ETH (WBETH) $ 2,441.15
UMA (UMA) $ 2.09
Bridged Ether (StarkGate) (ETH) $ 2,320.21
SKALE (SKL) $ 0.032182
Centrifuge (CFG) $ 0.331079
Alchemix USD (ALUSD) $ 0.984562
Gomining Token (GOMINING) $ 0.389231
Drift Protocol (DRIFT) $ 0.725864
Band Protocol (BAND) $ 1.12
yearn.finance (YFI) $ 4,776.50
Convex Finance (CVX) $ 1.96
Nosana (NOS) $ 1.94
Big Time (BIGTIME) $ 0.141938
cETH (CETH) $ 46.90
Tellor Tributes (TRB) $ 60.40
Bitkub Coin (KUB) $ 1.76
Yield Guild Games (YGG) $ 0.401758
Creditcoin (CTC) $ 0.409780
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Chromia (CHR) $ 0.186826
Audius (AUDIO) $ 0.122492
NEM (XEM) $ 0.017211
Open Campus (EDU) $ 0.583337
Ontology (ONT) $ 0.168197
VeThor (VTHO) $ 0.001852
Renzo Restaked LST (PZETH) $ 2,710.83
PONKE (PONKE) $ 0.275156
SSV Network (SSV) $ 20.66
Frax Share (FXS) $ 1.78
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SwissBorg (BORG) $ 0.146247
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Wrapped Ether (Mantle Bridge) (WETH) $ 2,310.67
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Elixir deUSD (DEUSD) $ 0.997934
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Gigachad (GIGA) $ 0.014545
Chia (XCH) $ 12.76
Maple (MPL) $ 17.78
PAAL AI (PAAL) $ 0.162889
STASIS EURO (EURS) $ 1.11
Casper Network (CSPR) $ 0.011115
Zignaly (ZIG) $ 0.095429
BounceBit (BB) $ 0.339604
Vanar Chain (VANRY) $ 0.096206
Banana Gun (BANANA) $ 39.26
CHEX Token (CHEX) $ 0.132375
Wexo (WEXO) $ 2.52
Cronos Bridged USDC (Cronos) (USDC) $ 1.01
Aleph Zero (AZERO) $ 0.395814
Delysium (AGI) $ 0.119835
Mythos (MYTH) $ 0.178382
Ozone Chain (OZO) $ 0.237433
H2O Dao (H2O) $ 0.156615
ICON (ICX) $ 0.125456
Lisk (LSK) $ 0.798085
Escoin (ELG) $ 0.672558
Telcoin (TEL) $ 0.001610
BasedAI (BASEDAI) $ 3.50
Solar (SXP) $ 0.199968
WHY (WHY) $ 0.00000029
Taiko (TAIKO) $ 1.59
Solayer Staked SOL (SSOL) $ 133.32
Moca Coin (MOCA) $ 0.105495
BitMart (BMX) $ 0.350730
Horizen (ZEN) $ 7.78
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UXLINK (UXLINK) $ 0.680178
Coinbase Wrapped BTC (CBBTC) $ 60,799.00
Sushi (SUSHI) $ 0.612302
World Mobile Token (WMT) $ 0.187113
NKYC Token (NKYC) $ 29.45
Velo (VELO) $ 0.015782
Metars Genesis (MRS) $ 1.39
Super OETH (SUPEROETHB) $ 2,333.86
JOE (JOE) $ 0.323877
Kinesis Gold (KAU) $ 82.79
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Kinesis Silver (KAG) $ 30.70
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Blox (CDT) $ 0.169813
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Venus (XVS) $ 6.89
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Kelp Gain (AGETH) $ 2,392.58
0x0.ai: AI Smart Contract (0X0) $ 0.126560
Non-Playable Coin (NPC) $ 0.013922
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ECOMI (OMI) $ 0.000403
Xai (XAI) $ 0.185067
Balancer (BAL) $ 1.80
Across Protocol (ACX) $ 0.256489
Pax Dollar (USDP) $ 1.00
Merlin Chain (MERL) $ 0.290996
Ontology Gas (ONG) $ 0.269714
WAX (WAXP) $ 0.030157
Paycoin (PCI) $ 0.101401
Songbird (SGB) $ 0.006840
iExec RLC (RLC) $ 1.44
Cartesi (CTSI) $ 0.124121
Bone ShibaSwap (BONE) $ 0.407107
Helium Mobile (MOBILE) $ 0.001041
Numeraire (NMR) $ 14.09
MCOIN (MCOIN) $ 0.572941
Pixels (PIXEL) $ 0.133491
Coin98 (C98) $ 0.122214
inSure DeFi (SURE) $ 0.003861
Universal ETH (UNIETH) $ 2,495.93
Waves (WAVES) $ 1.01
StakeWise Staked ETH (OSETH) $ 2,397.37
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Orbs (ORBS) $ 0.022826
Dusk (DUSK) $ 0.214120
Neutron (NTRN) $ 0.355102
Marlin (POND) $ 0.012227
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IX Swap (IXS) $ 0.552336
Tokenlon (LON) $ 0.849719
Powerledger (POWR) $ 0.189452
Matr1x Fire (FIRE) $ 1.55
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Status (SNT) $ 0.021501
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Civic (CVC) $ 0.106491
Zebec Network (ZBCN) $ 0.001349
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HarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.080900
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crvUSD (CRVUSD) $ 0.995511
BakerySwap (BAKE) $ 0.244956

Ethereum (ETH) Flips Bitcoin (BTC) Yet Again: Here’s How

By Aleksandr On Jun 7, 2021

According to the Money Movers website powered by CoinMetrics analytical instruments, Ethereum (ETH) has printed one record after another in terms of value transferred.

Another day, another flippening

As tweeted by the account Documenting Ethereum, the Ethereum (ETH) network processed more value in stablecoins than Bitcoin (BTC) processed in Bitcoins.

Stablecoin value settled on Ethereum has flipped BTC value settled on Bitcoin. pic.twitter.com/Mjy2vqRj9J

— Documenting Ethereum 🧾 (@DocumentEther) June 4, 2021

Thus, for the first time in its six-year history, Ethereum (ETH) has become a more important instrument of money transfers than the first blockchain.

Ethereum (ETH) blockchain usage rocketed in Q1, 2021. To provide context, in late April, Bitcoin (BTC) processed $13.73 billion, while Ethereum (ETH) settled $27 billion in 24 hours.

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At press time, Bitcoin (BTC) processes the same value, while Ethereum’s (ETH) indicators have more than doubled: $55 billion is transferred over Ethereum (ETH) every 24 hours.

Ethereum (ETH) congestion over?

This upsurge in Ethereum (ETH) utilization should be attributed to the spike in popularity of Dogecoin clones as the majority of them represent Ethereum-based ERC-20 assets. Also, the mid-May sell-off of Ethereum (ETH) contributed to this impressive result.

Meanwhile, today’s flippening is of paramount importance due to the fact that Bitcoin (BTC) has long been treated as the most popular cross-border transfer method in crypto. Thus, Ethereum’s stablecoins (mostly, USDT and USDC) establish themselves as the new method of choice for that purpose.

It is interesting that Ethereum (ETH) fees are at multi-month lows now. The median transaction fee on Ethereum (ETH) nears $2: it has not been so tiny since 2020.

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