Weekly Sanbase Pro market report. ETH vs ERC-20: A tale of two market caps

Profile picture
Santrends
Sep 4, 2020

While Ether’s market cap has been endlessly scrutinized, the market capitalization of ERC-20 tokens generally manages to stay under the radar.


In fact, there has been very little serious research and attention dedicated to the ERC-20 market as a whole up until now.


In this Santiment report, we take a closer look at the size of the ERC-20 market, its separate evolution over the years and its - if any - correlation to the ‘parent’ market cap of Ethereum.


1. Total Market Capitalization


To calculate the combined ERC-20 market cap, we pulled pricing information on all (853) ERC-20 projects currently in our database (excluding zero-cap projects).


Pricing, on-chain, social and development activity information on all ERC-20 coins is available on Sanbase or via our API.


Below is the collective market capitalization of all ERC-20 projects, compared to the market capitalization

There’s more of this Insight

Choose your subscription plan

Sanbase PRO

Unlock all PRO insights
$51/mo

Years of market experience, compressed in each report

Since 2017, Santiment has been an industry leader in on-chain data, social intelligence and behavior-based analysis of the crypto market.

Our tools have a proven track record of timing price tops for cryptocurrencies, helping traders find profitable exit points and mitigate HODLing risk.

Our previous TOP calls:
WAVES crowd sentiment patternMATIC charts a new ATH: is the top in?ICX insanity. How far could it go?
insight card
signal form

What you get with Sanbase Pro:

  • Members-only daily market insights and analysis
  • 30+ on-chain, social & project indicators for 900 cryptocurrencies
  • Custom alerts for the coins' price, on-chain & social trends
  • Santiment Spreadsheet plugin with 10+ pre-made market templates
  • Personalized asset watchlists and weekly performance reports

Gain unfair advantage with Sanbase Pro

Subscribe to Sanbase Pro for access to exclusive insights, market-beating metrics, strategies and templates!

Assets from this insight

Ethereum logo

EthereumETH

$ 346.50

9.98%in last 7d
0