@adriaparcerisas
Where is crypto liquidity actually going in 2025?
1️⃣ Ethereum is Hemorrhaging Liquidity 💸
Ethereum has lost $14.6B in net outflows in 90 days.
Meanwhile, Solana absorbed +$3.7B, marking a major L1 rotation.
2️⃣ Circle CCTP Rules the Bridge Economy 🔵
Circle CCTP processes $34.5B across 11 chains, commanding 30.5% market share.
3️⃣ The Whale Highway: Arbitrum → Hyperliquid ⚡
The Arbitrum → Hyperliquid corridor alone carried $22.0B in value —
by far the largest flow in crypto.
4️⃣ Base Flips the Script 🔄
Unlike most L2s, Base shows net inflows of +$372M —
a rare trend where liquidity moves in, not out.
It signals growing confidence and sticky TVL inside Coinbase’s ecosystem.
🔍 TL;DR — The Cross-Chain Reality
- Ethereum lost $14.6B, Solana gained $3.7B
- Circle CCTP = 30.5% of all volume
- Arbitrum → Hyperliquid dominates with $22B flow
- Base posts rare inflows (+$372M)
- StarkGate +121% MoM
- Intent protocols are rising fast (+84%)