Sense

📌 Ethereum took back the top spot against Tron at 21, and the gap has widened ever since. Ethereum overtook Tron as the largest blockchain for the stablecoin Tether after USDT surged 10% on Ethereum last week. Data from DefiLlama shows that there is now $60.3 billion USD-backed stable Tether on Ethereum, compared to Tron's $58.1 billion.

📌 Tron's USDT supply is down 1.5% over the past week, while Ethereum is up 9.3%, helping it outpace Tron for the first time since August 2022. An increase in USDT supply, which is at a current high of $132.9 billion, could be a bullish signal as stablecoins act as the backbone of liquidity transactions and capital flows across the broader cryptocurrency ecosystem.

Ethereum has shown it can maintain its strength in the market with this impressive growth! 🚀