According to @MilkRoadDaily, Ethereum (ETH) has flipped Netflix by market capitalization and is now eyeing Mastercard, highlighting a high-visibility flippening that could influence momentum flows in ETH if sustained (source: @MilkRoadDaily on X, Aug 9, 2025). According to @MilkRoadDaily’s post, the comparison to Mastercard’s slower 3–5 business day settlement frames a programmable-money vs legacy-payments narrative that traders can use to monitor ETH spot trend strength, ETH/BTC relative strength, and futures funding and open interest for continuation or fade setups around the reported milestone (source: @MilkRoadDaily). With @MilkRoadDaily’s market-cap flip claim as context, traders should verify real-time market-cap rankings and liquidity conditions before positioning to manage headline-driven volatility risk (source: @MilkRoadDaily).