The rise and fall of ETH Killers.
The promise of faster, cheaper transactions flooded capital into alt layer-1 blockchains, creating one of the most popular narratives in the last bull run. While Ethereum devs were actively building, the Merge was still mostly an abstract idea to most investors. The Merge went live on Sept. 15, and the economic ossification of...
Stablecoin Dominance is a measure of crypto market sentiment. It is calculated as the percentage of the total crypto market cap that is comprised of stablecoins. A decreasing value signals a risk-on market while an increasing value is a sign of risk-off conditions. USDT, USDC, BUSD, and DAI are the stablecoins selected for the calculation.
