Ethereum Stablecoin Supply Hits $165B as Tokenization Boom Accelerates

Ethereum Stablecoin Supply Hits $165B as Tokenization Boom Accelerates

Ethereum Stablecoin Supply Reaches All-Time High Ethereum recorded nearly $1 billion in new stablecoins daily last week, totaling around $5 billion in inflows. This surge lifted its total stablecoin supply to a record $165 billion, according to Token Terminal. The milestone more than doubles Ethereum’s stablecoin supply since January 2024, underscoring its growing role in…

Ethereum Price Decline A Look at Recent Crypto Volatility

Ethereum Price Decline A Look at Recent Crypto Volatility

Unpacking Ethereum’s Recent Price Drop The cryptocurrency market has started the week with noticeable declines, continuing a trend of profit-taking across various assets. Ethereum, in particular, was hit hard, experiencing a significant retreat of nearly 10% from its multi-year highs reached just last week. The price of Ether dropped to approximately $4,250, while Bitcoin hovered…