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#Uptober
was supposed to be our month đŹ
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A major long-term driver for Ethereum is the growth of stablecoins and tokenized real-world assets (RWAs). Ethereum remains the top blockchain for tokenized assets, with $3.8B in RWAs, far ahead of Stellar, the next most popular chain. The stablecoin supply on $ETH has now surpassed $110B, nearing its highest level since 2020. #Stablecoins #RWA
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The correlation between $BTC and the S&P 500 has declined since the elections, based on a rolling 65-day window. #Crypto is moving more independently from traditional markets.
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The total stablecoin supply grew 63% year-over-year, rising from $138B in February 2024 to $225B in February 2025. Since stablecoins are pegged to $1, their market capitalization closely matches their total supply, reflecting increased demand in the crypto market. #stablecoin #Stablecoins
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