Solana is the becoming the stablecoin market leader. Solana now leads all chains in adjusted stablecoin volume, according to @AlliumLabs — filtering out wash activity and CEX internal flows. February market share: Solana — 36% Ethereum — 30% Tron — 15% Base — 11%

What's causing the growth? According to @AlliumLabs: Growth is real across all transaction groups: 1) Small retail (<$100) grew +37% in count and +40% in unique senders. 2) The above $100k groups exploded (i.e 1m+ from 240 transfers ($357M) to 683 transfers ($1.26B). That's an extra $903M from just this bucket. There's now 565 unique senders doing $1M+ transfers vs 199 in Dec 3) Large volume transactions are growing too: The $1M+ groups alone added ~$900M, which is a significant portion of the total $9.9B increase over the past several months.