@kirasama
Ethereum vs Solana ?
I bring you 3 BREAKINGS 👇
BREAKING 1 : Binance chain has flipped solana in total stablecoin mcap. Solana falls to 4th place.
BSC = $13.36 Billion stablecoins
Solana = $13.16 Billion stablecoins
BREAKING 2 : Solana becomes the only top chain to lose stablecoins when the entire world has started to adopt stablecoins. Zero growth.
Down 2 billion dollars !
BREAKING 3 : Ethereum stablecoin mcap at all time high at 167 billion dollars !
Over ~180 billion dollars issued , 50 billion dollars+ this year alone !
Exclude centralised Tron(mostly user exchange balance), then ETH L1+ L2 has 80%+ dominance in the stablecoin market. Most of the stablecoins on ETH L1 + L2 are productive, meaning they are used in defi or for payments.
Arbitrum L2 + Base L2 together hold 8 billion dollars worth of stablecoins !
Trillions of stablecoins incoming to ETH, and $eth mcap needs to be in trillions to secure it. So an ethereum rally is imminent.
Ethereum is the stablecoin chain.
The ticker is ETH.