Add as a preferred source on GoogleStablecoin market cap slips to $305.97 billion; TON leads chain gains at 2.84%
Stablecoin market capitalization fell 0.53% over the week to $305.97 billion. TON led chain gains with a 2.84% increase, while USDD was the top-performing stablecoin at 9.81%.
The stablecoin market remained near $306 billion, while TON posted the strongest weekly growth among tracked chains.
Total stablecoin market capitalization stood at $305.97 billion, down about $1.64 billion, or 0.53%, from a week earlier.
The market declined 0.2% over the past day but increased 0.67% over 30 days.
Tether remained the largest stablecoin with a market capitalization of $183.49 billion and a 59.97% market share. USD Coin ranked second at $72.58 billion.
They were followed by Sky Dollar at $7.06 billion, Dai at $4.72 billion and Ethena USDe at $4.70 billion.
Among weekly gainers, USDD rose 9.81%, Open USD advanced 4.45% and Falcon USD gained 3.91%. World Liberty Financial USD fell 5.43%, Ripple USD declined 3.61% and PayPal USD lost 2.59%.
Ethereum remained the largest blockchain for stablecoins, with $144.46 billion in market capitalization.
Tron ranked second with $95.05 billion, followed by Solana at $15.95 billion, BSC at $13.10 billion, Hyperliquid L1 at $7.11 billion and Base at $5.27 billion.
On a weekly basis, TON gained 2.84%, Base rose 0.65% and Tron added 0.3%. Aptos declined 10.89%, XRPL fell 9.68% and Arbitrum dropped 8.81%.
Monthly active addresses increased 3.33% to 59.65 million, while total stablecoin-holding addresses rose 3.04% to 298.12 million.
This article is based on market data and analysis and does not constitute investment advice.
Riza Dagoc
Riza Dagoc reports on regulation, investing and the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.