#Solana quietly led the market in stablecoin inflows this past week, pulling in $1.3B, while Ethereum saw $3.4B leave its supply (per Artemis data).
To me, this looks less like noise and more like liquidity positioning. Stablecoins usually move before activity whether that’s trading, DeFi usage, or onchain experiments.
Solana’s low fees and fast execution continue to make it a natural home for that kind of capital rotation.
Ethereum losing supply doesn’t mean it’s “weak,” but it does suggest some liquidity is temporarily seeking efficiency elsewhere. Watching where these stables get deployed next might tell the real story.
Liquidity always leaves clues