The stablecoin supply on Ethereum has reached a new ATH of $135 billion.

This has nearly doubled since 2024, which shows Ethereum is still the stablecoin leader.

And there's one more good thing.

$135B stablecoin supply means there's an abundance of liquidity in the Ethereum ecosystem.

When there will be some market momentum, this liquidity could be used to pump the prices.

I think you're still not bullish enough.