🔥 Intense Battle Between $ETH and $SOL for Stablecoin Dominance 🔥
Ethereum ($ETH) and Solana ($SOL) are locked in a fierce competition for USDT and USDC issuance, with both chains adding $2.06B and $2.04B, respectively, over the past week.
While $ETH remains the leading network for stablecoins, $SOL is rapidly closing the gap, signaling a major shift in liquidity flows. Other networks like $TRX (+$385M) and $AVAX (+$353.37M) are also showing strong growth, while $ARB (-$116M) and $OP (-$20.95M) are experiencing liquidity outflows.
If this trend continues, we could see a major reshuffling in stablecoin dominance across chains, reshaping the market dynamics in the coming months. 🚀