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Bitcoin (BTC) $ 97,016.00
Ethereum (ETH) $ 3,138.90
Tether (USDT) $ 1.00
Solana (SOL) $ 242.03
BNB (BNB) $ 612.38
XRP (XRP) $ 1.12
Dogecoin (DOGE) $ 0.385769
USDC (USDC) $ 0.999941
Lido Staked Ether (STETH) $ 3,137.55
Cardano (ADA) $ 0.781281
TRON (TRX) $ 0.198619
Shiba Inu (SHIB) $ 0.000024
Wrapped Bitcoin (WBTC) $ 96,634.00
Toncoin (TON) $ 5.52
Avalanche (AVAX) $ 34.22
Wrapped stETH (WSTETH) $ 3,711.08
Bitcoin Cash (BCH) $ 523.06
Sui (SUI) $ 3.53
Chainlink (LINK) $ 14.67
WETH (WETH) $ 3,135.07
Polkadot (DOT) $ 5.70
Pepe (PEPE) $ 0.000020
LEO Token (LEO) $ 8.51
Stellar (XLM) $ 0.239618
Litecoin (LTC) $ 89.95
NEAR Protocol (NEAR) $ 5.50
Aptos (APT) $ 11.62
Wrapped eETH (WEETH) $ 3,301.08
Uniswap (UNI) $ 8.86
USDS (USDS) $ 0.995753
Cronos (CRO) $ 0.175487
Hedera (HBAR) $ 0.125423
Internet Computer (ICP) $ 9.05
Ethereum Classic (ETC) $ 26.76
Bonk (BONK) $ 0.000052
Kaspa (KAS) $ 0.152761
Render (RENDER) $ 7.40
Ethena USDe (USDE) $ 1.00
Bittensor (TAO) $ 481.48
POL (ex-MATIC) (POL) $ 0.440505
WhiteBIT Coin (WBT) $ 24.12
Dai (DAI) $ 0.999825
MANTRA (OM) $ 3.58
Artificial Superintelligence Alliance (FET) $ 1.23
dogwifhat (WIF) $ 3.19
Monero (XMR) $ 160.47
Stacks (STX) $ 1.95
Arbitrum (ARB) $ 0.705681
Filecoin (FIL) $ 4.48
OKB (OKB) $ 44.40
VeChain (VET) $ 0.032137
FLOKI (FLOKI) $ 0.000261
Mantle (MNT) $ 0.740592
Cosmos Hub (ATOM) $ 6.21
Aave (AAVE) $ 158.94
Injective (INJ) $ 23.68
First Digital USD (FDUSD) $ 0.997978
Optimism (OP) $ 1.72
Immutable (IMX) $ 1.28
Celestia (TIA) $ 5.03
The Graph (GRT) $ 0.216230
Sei (SEI) $ 0.467943
Bitget Token (BGB) $ 1.40
Fantom (FTM) $ 0.679963
Binance-Peg WETH (WETH) $ 3,136.79
THORChain (RUNE) $ 5.27
Algorand (ALGO) $ 0.209122
Raydium (RAY) $ 5.64
Rocket Pool ETH (RETH) $ 3,507.91
Theta Network (THETA) $ 1.61
Brett (BRETT) $ 0.157420
Coinbase Wrapped BTC (CBBTC) $ 96,997.00
Popcat (POPCAT) $ 1.56
Solv Protocol SolvBTC (SOLVBTC) $ 96,681.00
Bitcoin SV (BSV) $ 76.55
Mantle Staked Ether (METH) $ 3,298.68
Ethena (ENA) $ 0.528286
Pyth Network (PYTH) $ 0.401552
Jupiter (JUP) $ 1.08
Ondo (ONDO) $ 0.998597
Worldcoin (WLD) $ 2.12
Renzo Restaked ETH (EZETH) $ 3,215.04
Peanut the Squirrel (PNUT) $ 1.38
Maker (MKR) $ 1,536.21
KuCoin (KCS) $ 10.97
Marinade Staked SOL (MSOL) $ 298.87
Gate (GT) $ 9.74
BitTorrent (BTT) $ 0.000001
Arweave (AR) $ 17.50
GALA (GALA) $ 0.028105
Beam (BEAM) $ 0.021303
Lombard Staked BTC (LBTC) $ 96,634.00
Flow (FLOW) $ 0.691510
Flare (FLR) $ 0.019984
Tezos (XTZ) $ 1.04
Fasttoken (FTN) $ 3.12
Polygon (MATIC) $ 0.439261
Lido DAO (LDO) $ 1.13
EOS (EOS) $ 0.653301
ether.fi Staked ETH (EETH) $ 3,130.97
Goatseus Maximus (GOAT) $ 0.997850
Solv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 96,775.00
Jupiter Staked SOL (JUPSOL) $ 255.48
Starknet (STRK) $ 0.465215
Helium (HNT) $ 5.65
eCash (XEC) $ 0.000049
JasmyCoin (JASMY) $ 0.019960
Arbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,930.00
Mog Coin (MOG) $ 0.000002
Akash Network (AKT) $ 3.75
Tokenize Xchange (TKX) $ 11.47
cat in a dogs world (MEW) $ 0.010120
NEO (NEO) $ 12.66
AIOZ Network (AIOZ) $ 0.778890
Aerodrome Finance (AERO) $ 1.27
Axie Infinity (AXS) $ 5.67
dYdX (DYDX) $ 1.23
Core (CORE) $ 0.927738
Kaia (KAIA) $ 0.143915
ApeCoin (APE) $ 1.14
MultiversX (EGLD) $ 29.83
The Sandbox (SAND) $ 0.340991
NEXO (NEXO) $ 1.26
Pendle (PENDLE) $ 4.94
Binance-Peg Dogecoin (DOGE) $ 0.384283
Mina Protocol (MINA) $ 0.643440
USDD (USDD) $ 0.999403
ORDI (ORDI) $ 35.99
Binance Staked SOL (BNSOL) $ 245.39
Neiro (NEIRO) $ 0.001790
Decentraland (MANA) $ 0.397860
DOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007354
Notcoin (NOT) $ 0.006994
Kelp DAO Restaked ETH (RSETH) $ 3,213.53
L2 Standard Bridged WETH (Base) (WETH) $ 3,139.92
Chiliz (CHZ) $ 0.072970
Conflux (CFX) $ 0.143451
Arbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,136.07
Gnosis (GNO) $ 254.23
Tether Gold (XAUT) $ 2,666.30
Zcash (ZEC) $ 43.53
Bitcoin Gold (BTG) $ 36.92
BOOK OF MEME (BOME) $ 0.009413
Frax (FRAX) $ 0.995505
Arkham (ARKM) $ 2.03
XDC Network (XDC) $ 0.042455
Wormhole (W) $ 0.223926
Ethereum Name Service (ENS) $ 18.13
Axelar (AXL) $ 0.704258
IOTA (IOTA) $ 0.169853
Terra Luna Classic (LUNC) $ 0.000106
Nervos Network (CKB) $ 0.012814
Coinbase Wrapped Staked ETH (CBETH) $ 3,398.64
Virtuals Protocol (VIRTUAL) $ 0.562363
SuperVerse (SUPER) $ 1.24
dYdX (ETHDYDX) $ 1.23
Synthetix Network (SNX) $ 1.69
Beldex (BDX) $ 0.081050
Turbo (TURBO) $ 0.007776
PancakeSwap (CAKE) $ 1.89
PayPal USD (PYUSD) $ 1.00
Ether.fi Staked BTC (EBTC) $ 96,617.00
Safe (SAFE) $ 1.05
PAX Gold (PAXG) $ 2,667.61
Oasis (ROSE) $ 0.077887
Grass (GRASS) $ 2.16
Super OETH (SUPEROETHB) $ 3,136.81
Avalanche Bridged BTC (Avalanche) (BTC.B) $ 97,052.00
CorgiAI (CORGIAI) $ 0.001512
ZKsync (ZK) $ 0.136891
Ronin (RON) $ 1.39
TrueUSD (TUSD) $ 0.999408
Kava (KAVA) $ 0.454384
GMT (GMT) $ 0.164995
Blur (BLUR) $ 0.241636
Fwog (FWOG) $ 0.507293
SATS (Ordinals) (SATS) $ 0.00000023
Compound (COMP) $ 54.67
Frax Ether (FRXETH) $ 3,128.42
tBTC (TBTC) $ 96,659.00
DeXe (DEXE) $ 8.38
APENFT (NFT) $ 0.00000048
Astar (ASTR) $ 0.062852
Act I The AI Prophecy (ACT) $ 0.486271
Polygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,135.75
SPX6900 (SPX) $ 0.487005
Curve DAO (CRV) $ 0.361923
Ondo US Dollar Yield (USDY) $ 1.07
Theta Fuel (TFUEL) $ 0.065186
Eigenlayer (EIGEN) $ 2.33
PepeCoin (PEPECOIN) $ 3.60
Moo Deng (MOODENG) $ 0.436863
Bridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999800
1inch (1INCH) $ 0.328028
Swell Ethereum (SWETH) $ 3,368.83
QuantixAI (QAI) $ 98.29
WEMIX (WEMIX) $ 0.981901
USDB (USDB) $ 0.996605
L2 Standard Bridged WETH (Blast) (WETH) $ 3,138.50
Usual USD (USD0) $ 0.999350
Bazaars (BZR) $ 6.62
Hashnote USYC (USYC) $ 1.07
Echelon Prime (PRIME) $ 8.00
WOO (WOO) $ 0.214790
IoTeX (IOTX) $ 0.041899
Memecoin (MEME) $ 0.012721
Reserve Rights (RSR) $ 0.007379
Zerebro (ZEREBRO) $ 0.390433
Stader ETHx (ETHX) $ 3,259.02
Gigachad (GIGA) $ 0.040371
cWBTC (CWBTC) $ 1,947.93
Jito (JTO) $ 2.93
Trust Wallet (TWT) $ 0.920985
Zilliqa (ZIL) $ 0.019940
LayerZero (ZRO) $ 3.44
Celo (CELO) $ 0.673842
Holo (HOT) $ 0.002085
Binance-Peg BUSD (BUSD) $ 1.00
Polygon Bridged WBTC (Polygon POS) (WBTC) $ 96,710.00
Osmosis (OSMO) $ 0.528495
Amp (AMP) $ 0.004501
Staked Frax Ether (SFRXETH) $ 3,444.63
Livepeer (LPT) $ 10.02
EthereumPoW (ETHW) $ 3.34
Polymesh (POLYX) $ 0.319739
0x Protocol (ZRX) $ 0.416073
pumpBTC (PUMPBTC) $ 95,741.00
PONKE (PONKE) $ 0.638978
Golem (GLM) $ 0.350103
OriginTrail (TRAC) $ 0.858369
Baby Doge Coin (BABYDOGE) $ 0.00000000
Dash (DASH) $ 28.68
Drift Protocol (DRIFT) $ 1.33
Liquid Staked ETH (LSETH) $ 3,331.55
BENQI Liquid Staked AVAX (SAVAX) $ 39.95
Enjin Coin (ENJ) $ 0.191975
Non-Playable Coin (NPC) $ 0.041896
Siacoin (SC) $ 0.005832
ZetaChain (ZETA) $ 0.645922
Verus (VRSC) $ 4.29
Ankr Network (ANKR) $ 0.032902
Olympus (OHM) $ 20.37
JUST (JST) $ 0.033071
Qtum (QTUM) $ 3.10
Creditcoin (CTC) $ 0.820614
Ravencoin (RVN) $ 0.022282
MimbleWimbleCoin (MWC) $ 29.31
Kusama (KSM) $ 20.39
Fartcoin (FARTCOIN) $ 0.320059
Dymension (DYM) $ 1.48
Tribe (TRIBE) $ 0.696269
Apu Apustaja (APU) $ 0.000972
SafePal (SFP) $ 0.648387
Dogs (DOGS) $ 0.000611
Gas (GAS) $ 4.85
Degen (Base) (DEGEN) $ 0.018314
Ether.fi (ETHFI) $ 1.52
Basic Attention (BAT) $ 0.208763
Solayer Staked SOL (SSOL) $ 250.16
aelf (ELF) $ 0.409696
ALEO (ALEO) $ 1.18
ConstitutionDAO (PEOPLE) $ 0.058726
Illuvium (ILV) $ 41.71
Mantle Restaked ETH (CMETH) $ 3,299.87
Chill Guy (CHILLGUY) $ 0.304705
Simon's Cat (CAT) $ 0.000043
Aevo (AEVO) $ 0.329598
Metaplex (MPLX) $ 0.385498
CHEX Token (CHEX) $ 0.291036
Amnis Aptos (AMAPT) $ 11.48
Manta Network (MANTA) $ 0.751380
PUPS•WORLD•PEACE (PUPS) $ 0.291386
Mask Network (MASK) $ 2.88
GMX (GMX) $ 28.80
MX (MX) $ 2.91
Metis (METIS) $ 47.40
Terra (LUNA) $ 0.402870
io.net (IO) $ 2.25
We Love Tits (TITS) $ 0.265466
Bridged Ether (StarkGate) (ETH) $ 3,142.00
Threshold Network (T) $ 0.026381
Department Of Government Efficiency (DOGE) $ 0.264893
Nosana (NOS) $ 3.12
CoinEx (CET) $ 0.091868
Biconomy (BICO) $ 0.271580
AltLayer (ALT) $ 0.106586
SKALE (SKL) $ 0.046980
Nexus Mutual (NXM) $ 69.88
Aethir (ATH) $ 0.059360
Quorium (QGOLD) $ 2,690.84
ai16z (AI16Z) $ 0.216914
Mantle Bridged USDT (Mantle) (USDT) $ 1.00
Wrapped Beacon ETH (WBETH) $ 3,312.71
Ultima (ULTIMA) $ 5,612.44
Banana Gun (BANANA) $ 67.24
Hamster Kombat (HMSTR) $ 0.003546
Decred (DCR) $ 13.77
VVS Finance (VVS) $ 0.000005
Galxe (GAL) $ 1.76
ANDY ETH (ANDY) $ 0.000224
Bitkub Coin (KUB) $ 2.51
Snek (SNEK) $ 0.002947
Delysium (AGI) $ 0.172645
Solar (SXP) $ 0.351180
Loopring (LRC) $ 0.172968
Wrapped Ether (Mantle Bridge) (WETH) $ 3,144.64
Gravity (G) $ 0.029408
yearn.finance (YFI) $ 6,332.94
UMA (UMA) $ 2.53
Lorenzo stBTC (STBTC) $ 92,796.00
SwissBorg (BORG) $ 0.214054
Chia (XCH) $ 15.14
Avail (AVAIL) $ 0.111687
API3 (API3) $ 1.76
Flux (FLUX) $ 0.546114
OUSG (OUSG) $ 108.91
aBTC (ABTC) $ 93,851.00
DigiByte (DGB) $ 0.011569
Rocket Pool (RPL) $ 9.68
Telcoin (TEL) $ 0.002597
HarryPotterObamaSonic10Inu (ETH) (BITCOIN) $ 0.200639
Ontology (ONT) $ 0.219747
Blast (BLAST) $ 0.008874
Osaka Protocol (OSAK) $ 0.00000026
Sun Token (SUN) $ 0.020318
Frax Share (FXS) $ 2.33
Convex Finance (CVX) $ 2.40
Kadena (KDA) $ 0.663479
Mythos (MYTH) $ 0.265697
Zignaly (ZIG) $ 0.138449
Moonbeam (GLMR) $ 0.211265
USDa (USDA) $ 1.00
SingularityNET (AGIX) $ 0.533704
Treehouse ETH (TETH) $ 3,701.00
NEM (XEM) $ 0.021274
Rollbit Coin (RLB) $ 0.081407
Centrifuge (CFG) $ 0.373440
Metars Genesis (MRS) $ 2.23
Constellation (DAG) $ 0.051921
Cetus Protocol (CETUS) $ 0.305720
SPACE ID (ID) $ 0.429151
Yield Guild Games (YGG) $ 0.474923
cETH (CETH) $ 63.08
VeThor (VTHO) $ 0.002190
Band Protocol (BAND) $ 1.25
usdx.money USDX (USDX) $ 1.00
Hivemapper (HONEY) $ 0.061723
Saga (SAGA) $ 1.70
Clearpool (CPOOL) $ 0.255977
Radix (XRD) $ 0.016919
Qubic (QUBIC) $ 0.000001
Harmony (ONE) $ 0.014506
michi ($MICHI) $ 0.320451
Orca (ORCA) $ 3.34
Audius (AUDIO) $ 0.137396
COTI (COTI) $ 0.097554
GHO (GHO) $ 0.995429
Chromia (CHR) $ 0.208309
Casper Network (CSPR) $ 0.013775
Luce (LUCE) $ 0.170742
Kamino (KMNO) $ 0.125092
Comedian (BAN) $ 0.170466
ETHPlus (ETH+) $ 3,207.53
Tellor Tributes (TRB) $ 63.70
Big Time (BIGTIME) $ 0.135864
Gomining Token (GOMINING) $ 0.402353
Renzo Restaked LST (PZETH) $ 3,721.25
Cheems Token (CHEEMS) $ 0.00000081
ICON (ICX) $ 0.160327
Alchemix USD (ALUSD) $ 0.990770
Xai (XAI) $ 0.222691
Across Protocol (ACX) $ 0.375129
Lisk (LSK) $ 1.00
Maple (MPL) $ 20.79
Arbitrum Bridged USDC (Arbitrum) (USDC.E) $ 1.00
Moonwell (WELL) $ 0.053426
sudeng (HIPPO) $ 0.015913
H2O Dao (H2O) $ 0.189995
Blox (CDT) $ 0.230110
Bybit Staked SOL (BBSOL) $ 251.17
OKT Chain (OKT) $ 8.67
Elixir deUSD (DEUSD) $ 0.999400
Sundog (SUNDOG) $ 0.152106
Bitcoin Wizards (WZRD) $ 7.14
Waves (WAVES) $ 1.49
Slerf (SLERF) $ 0.293116
Marlin (POND) $ 0.018024
Kelp Gain (AGETH) $ 3,158.54
Sushi (SUSHI) $ 0.741212
WAX (WAXP) $ 0.040643
Merlin Chain (MERL) $ 0.292400
StakeWise Staked ETH (OSETH) $ 3,238.22
Smooth Love Potion (SLP) $ 0.003390
Balancer (BAL) $ 2.27
Pixels (PIXEL) $ 0.179339
IQ (IQ) $ 0.007110
Instadapp (INST) $ 3.48
Ocean Protocol (OCEAN) $ 0.535378
PAAL AI (PAAL) $ 0.154897
Status (SNT) $ 0.034574
JOE (JOE) $ 0.365145
Spectral (SPEC) $ 9.82
RETARDIO (RETARDIO) $ 0.137259
BILLION•DOLLAR•CAT (Runes) (BDC) $ 0.134589
Ontology Gas (ONG) $ 0.339325
Purr (PURR) $ 0.223584
STASIS EURO (EURS) $ 1.07
Origin Ether (OETH) $ 3,137.27
Horizen (ZEN) $ 8.45
Powerledger (POWR) $ 0.247744
DeepBook (DEEP) $ 0.052521
IOST (IOST) $ 0.006155
Songbird (SGB) $ 0.008409
L2 Standard Bridged WETH (Optimism) (WETH) $ 3,137.14
Cronos Bridged USDC (Cronos) (USDC) $ 1.00
Ampleforth (AMPL) $ 1.17
Open Campus (EDU) $ 0.495569
MOO DENG (MOODENG) $ 0.000303
Nano (XNO) $ 0.959842
Orbs (ORBS) $ 0.029064
Mister Miggles (MIGGLES) $ 0.133028
BORA (BORA) $ 0.115235
MUMU THE BULL (MUMU) $ 0.000054
CARV (CARV) $ 0.838227
Venom (VENOM) $ 0.066561
Alephium (ALPH) $ 1.39
SSV Network (SSV) $ 17.64
Vanar Chain (VANRY) $ 0.089110
Arcblock (ABT) $ 1.26
Cartesi (CTSI) $ 0.148969
iExec RLC (RLC) $ 1.72
Ozone Chain (OZO) $ 0.204868
TerraClassicUSD (USTC) $ 0.022380
Oraichain (ORAI) $ 7.47
Kinesis Gold (KAU) $ 85.65
Bridged Wrapped stETH (Gnosis) (WSTETH) $ 3,709.17
Goldfinch (GFI) $ 1.42
Bone ShibaSwap (BONE) $ 0.490862
BasedAI (BASEDAI) $ 3.40
Coin98 (C98) $ 0.140131
Neutron (NTRN) $ 0.423523
LandWolf (WOLF) $ 0.000133
Pundi X (PUNDIX) $ 0.465944
MMX (MMX) $ 0.807274
Taiko (TAIKO) $ 1.47
Tokenlon (LON) $ 1.04
Kinesis Silver (KAG) $ 31.34
Catizen (CATI) $ 0.577199
MVL (MVL) $ 0.004638
Autonolas (OLAS) $ 1.68
Numeraire (NMR) $ 16.07
SmarDex (SDEX) $ 0.013126
Zentry (ZENT) $ 0.019292
TruFin Staked APT (TRUAPT) $ 11.78
Venus (XVS) $ 7.13
Spell (SPELL) $ 0.000769
Myro ($MYRO) $ 0.115624
Liquity (LQTY) $ 1.20
BounceBit (BB) $ 0.283086
Rifampicin ($RIF) $ 0.116231
BONGO CAT (BONGO) $ 0.115187
RabBitcoin (RBTC) $ 0.000009
Scroll (SCR) $ 0.606548
RSK Infrastructure Framework (RIF) $ 0.114293
Optimism Bridged WBTC (Optimism) (WBTC) $ 96,663.00
Humans.ai (HEART) $ 0.017775
Ergo (ERG) $ 1.43
Artificial Liquid Intelligence (ALI) $ 0.013590
Sologenic (SOLO) $ 0.279731
Universal ETH (UNIETH) $ 3,374.03
Pax Dollar (USDP) $ 1.00
CYBER (CYBER) $ 3.55
Magic (MAGIC) $ 0.399755
My Neighbor Alice (ALICE) $ 1.19
Wen (WEN) $ 0.000150
Escoin (ELG) $ 0.588959
Toshi (TOSHI) $ 0.000259
Civic (CVC) $ 0.135179
VitaDAO (VITA) $ 4.15
Alchemy Pay (ACH) $ 0.021690
XYO Network (XYO) $ 0.007752
Coq Inu (COQ) $ 0.000002
Moonriver (MOVR) $ 11.51
Satoshi Airline (JET) $ 1.15
Ignition FBTC (FBTC) $ 97,009.00
UXD Protocol (UXP) $ 0.015116
Solana Name Service (FIDA) $ 0.205199
Hive (HIVE) $ 0.229138
Verge (XVG) $ 0.006352
ARK (ARK) $ 0.569719
Clover Finance (CLV) $ 0.104782
Dent (DENT) $ 0.001090
Adventure Gold (AGLD) $ 1.35
NKYC Token (NKYC) $ 26.01
Dogelon Mars (ELON) $ 0.00000019
Paycoin (PCI) $ 0.101038
Function X (FX) $ 0.132965
First Convicted RACCON (FRED) $ 0.102581
Shentu (CTK) $ 0.754296
Huobi (HT) $ 0.641488

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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