# MegaETH vs. Monad

*Author: Bankless*
*Published: Aug 21, 2024*
*Source: https://www.bankless.com/de/megaeth-vs-monad-ethereum*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Frame-50567--6-.png)](https://www.bankless.com/sponsor/uniswap-extension-1719068020?ref=trading-crypto-ratios-wasabi&email=true)

  
MegaETH vs. Monad
    
  

  
Published on Aug. 21, 2024

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  View in Browser

](https://bankless.com/read/briefs)
 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
BlackRock's Domination
  

  

 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/Group-14--29-.png)](https://www.bankless.com/dashboard)- 🌊 **BlackRock's dominating inflows**. BlackRock's ETH ETF has surged past [$1 billion in cumulative net inflows](https://decrypt.co/245775/blackrock-ethereum-etf-1-billion-net-gains-nearly-tripling-fidelity), outpacing Fidelity’s ETH ETF nearly threefold and firmly establishing itself as a top choice for investors.
- 💵 **Funding Story**. PIP Labs, the developers of Story Protocol, [raised $80 million](https://www.coindesk.com/business/2024/08/21/story-protocol-developer-raises-80m-series-b-led-by-a16z-for-intellectual-property-chain/) in a Series B led by a16z to further boost the group's work in converting intellectual property into onchain IP legos.
- 🍟 **McDonald's takeover**. The fast-food giant's [Instagram account was compromised](https://www.theblock.co/post/312444/mcdonalds-instagram-account-seemingly-hacked-to-promote-solana-token-grimace) to promote a Solana memecoin called GRIMACE, leading to a brief surge in its market cap before the creators rug pulled.

.  .  .

 
  
    

    MARKET VIBES

  
  
Bullish Tidings
    
  
   
     
   
     
    
 

**📸 Daily Market Snapshot: **Today the green candles were lit once more. Bitcoin breached through $60K and ETH followed the uptrend, as did most of the top 100 tokens, on the heels of [sluggish U.S. jobs data](https://www.coindesk.com/markets/2024/08/21/bitcoin-gets-brief-boost-after-us-employment-growth-revised-lower/), Kamala Harris reportedly [planning crypto support](https://www.bloomberg.com/news/articles/2024-08-21/harris-supports-policies-to-expand-crypto-industry-aide-says), and [possible Fed rate cuts](https://www.reuters.com/markets/us/fed-minutes-show-depth-debate-over-july-rate-cut-2024-08-21/) next month.

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $2.14t
       

  
    
    ↗ 2.0%
    
  

   
    
    ↗ 2.4%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $60,424.55
       

  
    
    ↗ 3.3%
    
  

   
    
    ↗ 4.1%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,632.83
       

  
    
    ↗ 1.7%
    
  

   
    
    ↘ 0.6%
    
  

       ![](https://s2.coinmarketcap.com/static/img/coins/64x64/7083.png)
    

  **UNI**
   
          $6.89
       

  
    
    ↗ 11.3%
    
  

   
    
    ↗ 8.5%
    
  

  

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.  .  .

 
  
    

TACTIC

  
  
    
   
Trading the Biggest Crypto Ratios with Wasabi

  
  
   
     
     Bankless Author: 
     
       [
       
       William M. Peaster](https://x.com/WPeaster)
     
    
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/image---2024-08-21T121004.791.png)](https://www.bankless.com/trading-crypto-ratios-wasabi)**Wasabi* *is* *an increasingly popular DeFi derivatives app, and part of the reason for that is because it’s among the most user-friendly leverage trading platforms in crypto.**

Originally launched for trading memecoins with leverage, Wasabi has been steadily expanding its offerings. Its latest additions? BTC/ETH and SOL/ETH markets. 

Wasabi calls these dominance trading markets, as they allow you to speculate on the dominance of the BTC/ETH and SOL/ETH ratios at any given time. 

*Let’s dive into how you can start trading these ratios and potentially capitalize on the shifting dynamics between the top crypto assets* 👇

[Read the full guide](https://www.bankless.com/trading-crypto-ratios-wasabi)
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