Avalanche Stablecoins Surge 70%, But AVAX Struggles—Why?
Avalanche’s stablecoin supply has soared by 70% over the past year, hitting $2.5 billion. However, despite this liquidity boost, AVAX has lost nearly 60% of its value, currently trading at around $19. The disconnect between rising stablecoin inflows and AVAX’s decline suggests that capital remains largely inactive in the DeFi
Stablecoins Surge as Crypto Stumbles: A $4.23B Boom in Two Weeks
While the broader crypto market has faced a downturn, stablecoins have defied the trend, adding $4.23 billion to their total market cap since March 1. This rapid expansion underscores the growing dominance of fiat-pegged digital assets, offering stability amid crypto’s volatility. Stablecoins Now Command 8.34% of the Crypto Market The