TRON’s network saw its stablecoin market cap increase by $1 billion over the past week, outpacing any other chain by more than tenfold. BNB Chain, Aptos and Avalanche followed with growth of $85 million, $82 million and $73 million respectively. This rising stablecoin demand indicates increased liquidity in the crypto market. The simultaneous decline in stablecoin dominance despite market cap growth suggests capital is rotating toward major cryptocurrencies like Bitcoin, Ethereum and Solana. Market sentiment remains fearful but has improved from last month’s extreme fear levels.
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