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After the adjustment of cryptocurrency in June, the total on-chain transaction volume decreased by 13.4%, and the CEX spot trading volume fell by 18.5%

Bitget2024/07/01 14:22

The Block's Research Director @lars0x summarized the cryptocurrency market data for June on platform X, with key points as follows:

1. The adjusted total on-chain transaction volume decreased by 13.4% to $338 billion (BTC down 13.4%, ETH down 13.4%);

2. The adjusted stablecoin on-chain transaction volume fell by 4.5% to $839.6 billion, while the issued supply increased by 0.4% to reach $142.6 billion, of which USDT and USDC accounted for 79.1% and 17% of the market share respectively;

3.BTC miner income dropped by 0.1% to $961 million, while ETH staker income grew by 8.1% to $289 million;

4.In June, a total of 26,338 ETH were burned, equivalent to $95 million USD; since the implementation of EIP-1559 in early August2021 , a total of approximately four point three three million ETH have been burned , equivalent to twelve point two billion dollars ;

5.The monthly NFT market trading volume on Ethereum fell by18 .four percent ,to two hundred eighty five million dollars ;

6.CEX legal spot trading volume decreased eighteen point five percent,to six hundred fifty eight point eight billion dollars .

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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