Stablecoin market rises against the trend: ERC-20 supply reaches an all-time high, becoming a key liquidity indicator in the crypto market.
Analyst Darkfost's latest data reveals a key trend: the total supply of ERC-20 stablecoins is regaining momentum and has reached a historical peak of $121 billion today. This milestone is significant as it indicates that while other areas of the market seem stagnant, new demand and liquidity are flowing into the crypto ecosystem. As the broader market waits for a directional decision, the quiet growth of stablecoin supply may be an early signal of the market regaining momentum. If the supply of stablecoins continues to expand, it is likely to become an early catalyst for the next major phase of the crypto assets bull run cycle.