Lookonchain data indicate that Tron and Ethereum received major inflows, with many other chains experiencing steep drops, such as Avalanche or TON. As the crypto markets experienced a turbulent week, the movement of stablecoins on leading blockchain networks has displayed a change in investor preferences.
Tron Tops the Chart with $1.38B Inflow
Tron (TRX) has recorded the largest 7-day inflow of stablecoins (USDT and USDC) across the top 15 blockchain systems. Tron had taken the lead in the market with the jaw-dropping rise of stablecoins by $1.38 billion. Close behind was Ethereum, which secured inflows amounting to $1.12 billion and 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 continue to trust the new decentralized systems. Arbitrum also experienced strong user engagement and L2 growth, resulting in a surge of $202 million. In the meantime, Sui (SUI) earned a mild but distinctive gain of 33.8 million dollars, and Mantle (MNT) gained 2.7 million dollars. BNB Chain only grew slightly, gaining $0.1 million.
Base, Optimism, and Solana Face Minor Declines
Coinbase Base lost $4 million on the losing end and Optimism lost a more significant amount of $15.5 million. Solana (SOL) recorded an outflow of more moderate size in this one, totaling 37 million dollars. Smaller losses of up to $45 million and $57 million were recorded by Near Protocol (NEAR) and Polygon (POL), respectively.
Avalanche Suffers Heaviest Outflow at $768.6M
Avalanche (AVAX) was the main token with the largest stablecoin outflow at $768.6 million, leaving many people concerned by liquidity migrations and investor confidence. TON was followed by a loss of 325 million, whereas Aptos (APT) experienced 77.5 million outflows.
Conclusion
The statistics highlight the transition in the stablecoin economy as Tron and Ethereum increase their dominance of liquidity, and Avalanche saw a sharp decrease that could be problematic to its ecosystem. As volatility and capital migration increase, these figures are the most important parameters showing the changing preferences of DeFi.
