Aggregate ERC20 Market Cap Outpaces Valuation of ETH in Circulation by $2 Billion

Data now shows that the aggregate market valuation for all the ERC20 tokens in existence has surpassed the market capitalization of Ethereum’s native coins. The cryptocurrency community has been discussing the aggregate market valuation for all the ERC20 tokens ever created versus the Ethereum market capitalization.

For instance, the Defiant News contributor, Camila Russo, tweeted about how ERC20 tokens recorded on Etherscan surpassed the net worth of all the native ethereum (ETH) coins in circulation. The researchers from Coin Metrics also shared the chart that was indeed tracking the aggregate worth of all the ERC20 tokens, in contrast to Ethereum’s market capitalization.

Timeline of Ethereum