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Solana stablecoin inflows surge by $1.3 billion, Ethereum loses $3.4 billion in a single week
January 26 News: The flow of funds in the crypto market is undergoing a noticeable shift. On-chain data provider Artemis shows that in the past seven days, the Solana network has added nearly $1.3 billion in stablecoin supply, ranking first among all blockchains. This data indicates that more and more trading capital is flowing into Solana, whose low transaction fees and high throughput are attracting a large number of traders and liquidity providers, continuously boosting the activity of its DeFi ecosystem.
In stark contrast, Ethereum experienced approximately $3.4 billion in net stablecoin outflows during the same period, marking the most significant weekly capital outflow in recent months. The main reason for this capital migration is that users are seeking more efficient and lower-cost network environments. As on-chain transaction frequency increases, transaction fees and confirmation speeds become increasingly critical, leading some funds to temporarily leave Ethereum and enter more flexible ecosystems.
Solana’s advantages have been amplified in this rotation. Its network performance supports high-frequency trading and rapid deployment of new protocols. Especially in the context of active Meme assets and short-term trading, the demand for stablecoins naturally rises. The more liquidity there is, the deeper the trading depth, which in turn attracts more capital, creating a positive feedback loop.
From a market perspective, inflows of stablecoins are often seen as a precursor to potential buying interest. Increased liquidity means a larger pool of funds available for digital asset allocation, supporting price expectations for Solana-related assets. However, a significant portion of current trading volume still comes from speculative activities, and the long-term trend will depend on whether real use cases can continue to expand.
This wave of capital migration also reflects the accelerating competition within the blockchain industry. Capital no longer remains fixed on a single network but adjusts its allocation based on performance and cost. The comparison between Solana and Ethereum shows that the market favors efficiency and user experience over mere historical dominance. In the coming period, which networks can maintain advantages in scaled applications will determine the next phase of capital flow and ecosystem landscape.