On a 90D-SMA, stablecoins now dominate on-chain value transfer: • 🔵USDC: ~$124B • 🟢USDT: ~$68B Major assets: • 🟠BTC: ~$81B • 🟣ETH: ~$7.9B • 🔵SOL: ~$9.6B • ⚫️XRP: ~$2.2B • 🟡BNB: ~$1.6B Stablecoins have become the primary liquidity rails, while native asset transfers remain comparatively subdued. 📊 http://glassno.de/44xuW1S(glassnode)