According to Odaily Planet Daily, data from research and brokerage firm Bernstein shows that Solana is "dominating" the "battle" in the blockchain payment field as market liquidity grows and investor sentiment improves. Gautam Chhugani and Mahika Sapra wrote in a report to clients on Tuesday: "The major change in this cycle is that Solana's market share dominates (the highest share is 43%) in the value of stablecoins transferred, while the market leader in the previous cycle was Ethereum." They believe that compared with the complexity of bridging to Ethereum L2, Solana's single-layer design guarantees higher throughput and lower transaction costs, leading to an increase in stablecoin settlements on the network.