Express

ERC20 Tokens Threaten To Dethrone ETH On Ethereum

Emily Mason

Summary: ERC20 tokens are almost 50% of the value held on Ethereum, according to a recent twitter thread from analyst Ryan Watkins. Watkins said Ethereum's native coin ETH is in danger of being surpassed by ERC20, but added that ETH's popularity in DeFi may secure it's position as most valuable coin on Ethereum. By Emily Mason

ERC20 tokens are almost 50% of the value held on Ethereum, according to a recent twitter thread from analyst Ryan Watkins.

Watkins said Ethereum's native coin ETH is in danger of being surpassed by ERC20, but added that ETH's popularity in DeFi may secure it's position as most valuable coin on Ethereum.

By Emily Mason

Last Update:

Tags: ,,
Link: ERC20 Tokens Threaten To Dethrone ETH On Ethereum   [Copy]
Next:

Related Articles

  • BTC Weekly Outlook: A Bullish Week, but Signs Point to a Shift to Defensive Play 10 hours ago
  • Figma's IPO Triumph and Crypto Bet: How a Design Disruptor Stunned Wall Street After a ... 11 days ago
  • When Stablecoins Tear Down Banks’ Interest Margin Moats — A Third Look at the U.S. “Ge... 13 days ago
  • Twitter Space Highlight: Is Altcoin Season Coming? Unpacking BTC, Institutions & RWA 14 days ago
  • BTC Weekly: Momentum Top Divergence Signals Potential Shift Lower 14 days ago

    • You need to login to comment.