- Solana led blockchain networks with a $3.13B stablecoin inflow from January 13-20, 2025, surpassing Ethereum’s $652M and Tron’s $442.25M.
- Arbitrum lost $637M in stablecoin reserves, marking the largest decline among networks, while Avalanche saw a $325.16M reduction.
- Solana’s recent growth signals a shift in stablecoin adoption, securing its lead among the top 15 blockchain platforms.
Solana has overtaken major blockchain networks in stablecoin inflows, reporting a remarkable $3.13 billion increase in USDT and USDC holdings. The data, provided by blockchain analytics firm Lookonchain, reflects stablecoin activity from January 13 to January 20, 2025. This significant rise puts Solana far ahead of Ethereum and Tron, which saw more modest gains during the same period.
Notably, Ethereum reported an increase of $652 million in stablecoin holdings, while Tron recorded a rise of $442.25 million. These figures underscore Solana’s growing dominance in the blockchain space. Meanwhile, other networks like Aptos saw moderate increases, with a $67.43 million rise in stablecoin reserves.
Shifts in Blockchain Stablecoin Distribution
More so, Solana’s recent performance marks a shift in stablecoin capital, placing it at the forefront among the top 15 blockchain platforms. Data reveals that Solana now leads in stablecoin adoption, surpassing competitors with its robust inflow figures.
Conversely, some networks reported declines in stablecoin reserves. Arbitrum experienced the largest drop, losing $637 million during the week. Avalanche followed with a decrease of $325.16 million, while networks such as Polygon, Base, and Near also recorded reductions in their stablecoin holdings.
Besides, these declines further highlight the contrasting fortunes of blockchain networks. While some struggle to retain stablecoin reserves, Solana continues to attract significant inflows, solidifying its position as a leader in stablecoin distribution.
Comparative Analysis of Network Growth
When compared to prior periods, Solana’s recent growth reflects an accelerating trend in stablecoin adoption. During the week ending December 30, 2024, Solana recorded a smaller gain of $424.87 million. This earlier performance was notable but did not reach the scale of the recent $3.13 billion surge.
Additionally, Ethereum and Tron also experienced stablecoin growth during the previous period, though neither matched Solana’s latest achievements. Hyperliquid, a decentralized exchange, added $329 million in stablecoin reserves during the current period, showcasing its rising role in the decentralized finance space.
The post Stablecoin Adoption Surges on Solana Network with $3.13B Inflows appeared first on Cryptonewsland.
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