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Coin Edition 2025-01-21 06:51:00

Stablecoin Growth Shifts to Solana, $3.13B Inflows Recorded

Solana sees $3.13B surge in stablecoins, outpacing other blockchains in just one week. Ethereum’s stablecoin growth is lower, with just $652M added in the same period. Arbitrum faces the largest stablecoin decline, losing $637M in the past week. Solana has beaten other major blockchain networks in stablecoin inflows over the past week, with a $3.13 billion increase in USDT and USDC holdings. This surge, reported by blockchain analytics firm Lookonchain on X, is way ahead of the stablecoin growth seen on other networks, including Ethereum and Tron. This signals a shift in stablecoin capital. In the past 7 days, stablecoins(USDT&USDC) on #Solana increased by $3.13B, and stablecoins(USDT&USDC) on #Ethereum increased by $652M. https://t.co/5LqK4tN0NO pic.twitter.com/Tw3Pd9Euaw — Lookonchain (@lookonchain) January 21, 2025 Data shows that Solana is the top dog among the top 15 blockchain platforms for stablecoin distribution. In just one week, from January 13 to January 20, 2025, stablecoin holdings on the Solana network jumped by $3.13 billion, making it the leader in stablecoin adoption. Related: Top 10 Chains by Stablecoin Transfer Volume in 2024: Analysi… The post Stablecoin Growth Shifts to Solana, $3.13B Inflows Recorded appeared first on Coin Edition .

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