Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Ethereum Forum => Ethereum News & Updates => Topic started by: Fawpac2 on June 04, 2021, 11:59:54 PM
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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.
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.Source (https://cryptonews.net/751707/?utm_source=CryptoNews&utm_medium=app&utm_campaign=shared)