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Ethereum

Ethereum Holds $136.552 Billion in Stablecoins, Outpacing Solana

Image: TokenPost

Ethereum held more than nine times Solana's stablecoin market value in figures dated Nov. 6, showing the gap in capital on the two networks as investors assess their respective tokens. A snapshot viewed at about 4:21 a.m. ET (09:21 UTC) Nov. 6 showed $136.552 billion in stablecoins on Ethereum and $14.762 billion on Solana. Decentralized finance value locked stood at $42.99 billion and $5.262 billion, respectively. Those balances show where capital sits on the networks, but do not measure returns to token holders. The gap was smaller in trading. Over the seven days covered by the snapshot, decentralized exchanges handled $15.152 billion on Ethereum and $10.228 billion on Solana. The comparison depends in part on which activity is measured.

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