Flippening

The flippening usually refers to a scenario where Ethereum or another cryptocurrency overtakes Bitcoin's market capitalization. It is a market-share concept, not a protocol upgrade or guaranteed event.

Market capitalization is the standard metric, but people also discuss "flippenings" in transaction count, fees, developer activity, stablecoin volume, or DeFi usage. Each metric measures something different and can be gamed or misread.

Flippening debates often become tribal or speculative. Beginners should treat them as a way to compare network adoption and narratives, not as a reason to buy or sell without broader research.