Ethereum continues to dominate the stablecoin market, with approximately 55% of total stablecoin liquidity residing on its blockchain. Over the last 24 hours, it has attracted eight times more incoming flows than any other chain.
Such stablecoin movements often precede purchases of more volatile assets, including ETH itself.
Currently experiencing a massive rise, Ether has recorded a staggering increase of 30% over the last 7 days, with 7.7% in the last 24 hours. With a real-time price of $4,620 per token, ETH is trading at its highest level since November 2021. Interestingly, ETH was trading at just under $1,500 at the beginning of the second quarter of 2025, representing a massive increase of 208% over the past few months.
