Stablecoins like USDT and USDC increased significantly on the Tron network, driving it to secure the most substantial gain, while Avalanche suffered the largest depletion of these stablecoins. During the last week, stablecoin liquidity shifted substantially throughout major blockchain platforms. Several blockchain networks led substantial money inflows, yet others confronted significant withdrawals, which points to major shifts throughout the crypto market. In the past 7 days, stablecoins(USDT&USDC) on #Tron increased by $824.51M, and stablecoins(USDT&USDC) on #Avalanche decreased by $506M.https://t.co/SxD9j6MIPu pic.twitter.com/Lc74rnyIrJ — Lookonchain (@lookonchain) February 24, 2025 Tron Dominates with $824.51M Inflow The Tron (TRX) blockchain has become the most popular platform for stablecoins by attracting an enormous net inflow of $824.51 million USDT and USDC in the previous week. The substantial increase establishes Tron as the prime network for stablecoin transactions while reinforcing its reputation as an efficient stablecoin transfer platform. Within one week, Arbitrum (ARB) became the second-largest stablecoin recipient, with a reported $231 million inflow from stablecoins. The Base Layer 2 solution developed by Coinbase received a $115 million inflow. Ethereum, Avalanche, and TON See Major Outflows A portion of chains received skyrocketing stablecoin deposits, but numerous others lost major capital. The Avalanche blockchain experienced its biggest reduction in stablecoin liquidity, losing $506 million. A substantial drop in stablecoin liquidity leads network operators to worry about users moving their funds to alternative networks, which might threaten their market position. During the observed period, TON suffered the second-biggest stablecoin withdrawal, depleting $280 million from its network. Ethereum (ETH), the backbone of DeFi, lost $208 million worth of USDT and USDC stablecoin holdings. Polygon, Optimism, and Solana Record Modest Gains Additional blockchains witnessed positive stablecoin influxes. Polygon registered a $39.81 million influx, while Optimism attracted $22.61 million in new stablecoins. Solana (SOL) succeeded in attracting $4 million worth of stablecoins into its ecosystem. Liquidity Redistribution: What’s Next? Because of this stablecoin movement, user behaviors experienced a major shift. USDT activity through Tron continues to expand because Tron offers fee discounts and has a solid USDT userbase adoption. The decline of Avalanche shows evidence of investors choosing liquidity from competing networks. The dynamic nature of the crypto market will be fundamentally influenced by the movement of liquidity between different blockchains when creating DeFi strategies and investment decisions. Market participants will closely analyze whether these current trends continue into the upcoming weeks.
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