They are all just a wave of stretching to deceive people into taking over, every month Binance has to release several public chains, and in the end, they all go to zero.
KZG 口罩哥
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The circulation of USDC on the Solana chain has surpassed 10 billion for the first time today, which is quite an impressive figure.
As the main stablecoin, USDC flowing into Solana is essentially a thermometer for the real economic activity on the chain.
Recently, new public chain ecosystems like SUI, Virtuals, and AIOT have also been experiencing explosive growth, with liquidity visibly 'dancing' between different L1s.
The intuition is that the flow of stablecoins determines the vitality of the chain. The current activity level of Solana is no longer just about speculating on concepts; it's driven by real demand on the chain.
Hint: Pay more attention to the flow of stablecoins on the chain; the next wave of hot public chains is likely hidden in this data.
$SOL
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