**USDC Rises Again! 🎉**

- USDC surprised with its supply soaring 80% from its 2023 low, reaching nearly $44 billion as of January 2, 2025. Wow, who would have thought it could be this fast?

- Ethereum is still the king with 65% of USDC's supply, but Solana and Base are starting to show off with 10% and 7% respectively. Hyperliquid and Arbitrum also don't want to be left behind, holding 5% and 3% respectively.

- In 2024, USDC adoption on Ethereum Layer 2 will skyrocket. Base even increased 26 times! Arbitrum also followed suit, increasing 4 times.

- Ethereum Dencun upgrade makes transactions cheaper, below $0.01. Total USDC transaction volume reaches $15 trillion!

- Although it was shaky because of SVB, USDC managed to recover and stabilize again.

Have an opinion or prediction? Come on, share it in the comments column!