Top 10 Blockchains by Stablecoin Supply Change; Solana, Ethereum, Tron Lead

blockchain, Ethereum, Tron, stablecoin, Solana, transfer volume

Solana has witnessed an unprecedented surge in stablecoin supply, marking a 112% increase over the past month. This significant growth, driven by the recent TRUMP launch, has positioned Solana at the forefront of the blockchain industry.

The latest data from CryptoRank.io and Artemis.xyz highlights the top 10 blockchains by stablecoin supply change, showcasing the dynamic shifts within the market.

Solana’s Meteoric Rise: A 112% Increase in Stablecoin Supply

Solana has experienced a phenomenal 112% increase in stablecoin supply over the past month. This surge is particularly noteworthy as it includes a sharp 40% rise within just four days following the TRUMP launch.

As of January 21, 2025, Solana’s stablecoin supply stands at $10.15 billion, up from $4.78 billion on December 21, 2024. This rapid growth underscores Solana’s increasing prominence in the blockchain ecosystem.

Ethereum Maintains Dominance with Steady Growth

Ethereum continues to dominate the blockchain landscape with a stablecoin supply of $115.7 billion as of January 21, 2025, reflecting a 4.75% increase from $110.5 billion on December 21, 2024.

Despite the modest growth compared to Solana, Ethereum’s substantial supply highlights its enduring influence and stability in the market.

BNB and Arbitrum Face Declines Amid Market Fluctuations

While Solana and Ethereum have shown positive growth, BNB and Arbitrum have faced declines in their stablecoin supplies. BNB’s supply decreased by 8.87%, dropping from $6.88 billion to $6.32 billion.

Top 10 Blockchains by Stablecoin Supply Change

Over the past month, stablecoin supply on @Solana has surged by 112%, with a sharp 40% increase in just four days following the $TRUMP launch.@SuiNetwork, @Ton_blockchain, and @BNBCHAIN also grew in stablecoin supply, while… pic.twitter.com/tOOTNUZyb9

— CryptoRank.io (@CryptoRank_io) January 22, 2025

Arbitrum experienced a more significant decline of 20.4%, with its supply falling from $6.71 billion to $5.34 billion. These fluctuations indicate the volatile nature of the blockchain market.

Base and Polygon Show Promising Growth

Base and Polygon have demonstrated promising growth in their stablecoin supplies. Base’s supply increased by 6.83%, rising from $3.39 billion to $3.62 billion.

Polygon also saw an 8.74% increase, with its supply growing from $1.52 billion to $1.66 billion. These gains highlight the potential of these blockchains to capture a larger market share.

TON and SUI Exhibit Strong Performance

TON and SUI have shown strong performance with significant increases in their stablecoin supplies. TON’s supply grew by 16.4%, reaching $1.42 billion from $1.22 billion.

SUI experienced a remarkable 24.9% increase, with its supply rising from $182 million to $227 million. These impressive gains reflect the growing interest and adoption of these blockchains.

Optimism and Celo: Mixed Results

Optimism and Celo have had mixed results in their stablecoin supplies. Optimism’s supply decreased by 12.3%, falling from $1.28 billion to $1.12 billion.

In contrast, Celo saw a modest increase of 4.36%, with its supply growing from $255 million to $266 million. These results highlight the varying performance of different blockchains in the market.

The latest data on stablecoin supply changes reveals the dynamic and ever-evolving nature of the blockchain market.

Solana’s impressive 112% surge, driven by the TRUMP launch, underscores its growing influence and potential. While some blockchains like Ethereum and Base continue to show steady growth, others like BNB and Arbitrum face challenges.