Tron Soars with a $1.52B Surge in Stablecoin Supply, While Ethereum Faces $1.02B Decline
- The supply of stablecoin on Tron has significantly increased by over $1.52 billion in the last seven days, showing investors shifting from Ethereum to Tron.
- The total market cap of stablecoin is valued at $232.29 billion, with Ethereum holding 52.67% and Tron directly following with 29.36%.
Tron has strengthened its role as one of the top networks in the crypto space for stablecoin movement, pulling in about $1.52 billion in the last seven days. At the same time, Ethereum has seen a sharp drop of $1.02 billion, which is the biggest loss among major chains.
The crypto market, as usual, is experiencing a major shift as stablecoin users move away from Ethereum [ETH] and turn to Tron [TRX]. With the growing frustration over high fees and Ethereum network congestion, many are now choosing platforms that offer quicker and cheaper transactions.
According to Lookonchain, Tron saw a rise in stablecoin use in the last seven days, with $1.52 billion worth of USDT and USDC entering into its decentralized finance space. This boost shows Trons consistent growth in stablecoin use and suggests the possibility of strong momentum throughout the month. A week earlier, on April 7, the network gained about $396 million, while its competitor, Berachain, faced a $269.56 million drop.
According to DeFiLlama, the total market cap for stablecoin stands at $232.29 billion. Ethereum leads with approximately 52.67% of that total, while Tron follows closely with a 29.36% share, both amounting to $68.18 billion.
Although Ethereum remains a key player for DeFi tools and large-scale crypto use, it has been facing a consistent decline in stablecoin volume in recent months. The latest $1.02 billion decline continues this trend, coming after a $1.01 billion loss on March 24.
Trons Growth Triggers Change Across Other Blockchains
Beyond Tron, other blockchain-based platforms like Hyperliquid [HYPE], Toncoin [TON], and Arbitrum [ARB] are also benefiting from the increasing movement of Tron supply.
At the same time, other chains like Avalanche, Base, and Solana [SOL] are facing significant declines as more liquidity moves to systems designed for fast, stablecoin-focused use.
This shift is normal in the blockchain space, but more importantly, it reflects a market that values real utility and better performance over hype.
Text source: TronWeekly
