Ethereum

Among the higher throughput chains, stablecoin supply has been growing faster across Ethereum L2s than on Solana.

Arbitrum surpassed Solana in stablecoin supply in early 2024 (currently at $3.6B vs $3.2B stablecoins respectively), while Base has grown its stablecoin supply from $160M to $2.4B YTD.

Thanks for the information. Ethereum L2 is really making progress.57 $DEGEN

Solana, and Cardano are other examples of L1 blockchains

170 $DEGEN I think all the liquidity of altcoins is reserved for layer 2 of Ethereum

This is interesting. Seems like Solana is being viewed as the chain for speculation while Ethereum L2s like Arbitrum & Base are seeing more for real world usage and adoption.