The crypto market is witnessing shifts in investor preferences, as indicated by the movement of stablecoins on leading blockchain networks.
Tron Tops the Chart with $1.38B Inflow
Tron (TRX) recorded the largest 7-day inflow of stablecoins (USDT and USDC) across the top 15 blockchain systems. Tron took the lead in the market with a staggering increase of $1.38 billion. Ethereum, securing $1.12 billion, continued to establish its authority in the DeFi sector and institutional applications.
Hyperliquid and Arbitrum See Major Gains
Third in the ranking, the new Hyperliquid site raised $285.2 million in stablecoins, as market participants continued to trust the new decentralized systems. Arbitrum experienced strong user engagement and L2 growth, resulting in a surge of $202 million. Meanwhile, Sui (SUI) recorded a mild gain of $33.8 million, and Mantle (MNT) gained $2.7 million. BNB Chain only grew slightly, gaining $0.1 million.
Avalanche and Other Blockchains Face Outflows
Avalanche (AVAX) suffered the largest stablecoin outflow at $768.6 million, raising concerns about liquidity migrations and investor confidence. Following it was TON, facing a loss of $325 million, while Aptos (APT) experienced outflows of $77.5 million. Coinbase Base lost $4 million, while Optimism lost a more significant $15.5 million. Solana (SOL) recorded a moderate outflow of $37 million, and smaller losses were reported by Near Protocol (NEAR) and Polygon (POL), which recorded losses of $45 million and $57 million, respectively.
The statistics highlight the transition in the stablecoin economy as Tron and Ethereum increase their dominance of liquidity, while Avalanche's sharp decrease could negatively impact its ecosystem.
