According to TechFlow, Lars0x, research director of The Block, summarized the crypto market data for June on the X platform. The key points are as follows:

  1. Adjusted total on-chain transaction volume fell 13.4% to $338 billion (BTC and ETH both fell 13.4%).

  2. Adjusted stablecoin on-chain transaction volume fell 4.5% to $839.6 billion, and issued supply increased 0.4% to $142.6 billion, with USDT and USDC accounting for 79.1% and 17% of the market share respectively.

  3. BTC miner revenue fell 0.1% to $961.9 million, while ETH staker revenue grew 8.1% to $289.2 million.

  4. A total of 26,338 ETH were destroyed in June, equivalent to $95.1 million. Since the implementation of EIP-1559 in early August 2021, a total of 4.33 million ETH have been destroyed, equivalent to $12.2 billion.

  5. Ethereum’s monthly NFT market volume fell 18.4% to $280.5 million.

  6. CEX legitimate spot trading volume fell 18.5% to $658.8 billion, of which Binance accounted for 64%, Bybit accounted for 17.8%, Coinbase accounted for 9%, and Kraken accounted for 2.7%.