• bitcoinBitcoin (BTC) $ 89,999.00
  • ethereumEthereum (ETH) $ 3,023.98
  • tetherTether (USDT) $ 0.999072
  • bnbBNB (BNB) $ 891.01
  • xrpXRP (XRP) $ 1.95
  • usd-coinUSDC (USDC) $ 0.999709
  • tronTRON (TRX) $ 0.300081
  • staked-etherLido Staked Ether (STETH) $ 3,022.86
  • dogecoinDogecoin (DOGE) $ 0.127318
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • cardanoCardano (ADA) $ 0.366242
  • wrapped-stethWrapped stETH (WSTETH) $ 3,704.49
  • bitcoin-cashBitcoin Cash (BCH) $ 594.53
  • whitebitWhiteBIT Coin (WBT) $ 54.35
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 89,589.00
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,292.64
  • wrapped-eethWrapped eETH (WEETH) $ 3,283.71
  • moneroMonero (XMR) $ 528.58
  • usdsUSDS (USDS) $ 0.999635
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999321
  • chainlinkChainlink (LINK) $ 12.53
  • leo-tokenLEO Token (LEO) $ 8.87
  • wethWETH (WETH) $ 3,022.49
  • stellarStellar (XLM) $ 0.215151
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 90,020.00
  • ethena-usdeEthena USDe (USDE) $ 0.999310
  • zcashZcash (ZEC) $ 356.34
  • suiSui (SUI) $ 1.53
  • canton-networkCanton (CC) $ 0.149995
  • avalanche-2Avalanche (AVAX) $ 12.56
  • litecoinLitecoin (LTC) $ 69.17
  • hyperliquidHyperliquid (HYPE) $ 22.03
  • shiba-inuShiba Inu (SHIB) $ 0.000008
  • hedera-hashgraphHedera (HBAR) $ 0.110252
  • usdt0USDT0 (USDT0) $ 0.998653
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.170156
  • daiDai (DAI) $ 0.999104
  • susdssUSDS (SUSDS) $ 1.09
  • the-open-networkToncoin (TON) $ 1.57
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • paypal-usdPayPal USD (PYUSD) $ 0.999786
  • crypto-com-chainCronos (CRO) $ 0.092638
  • polkadotPolkadot (DOT) $ 1.97
  • usd1-wlfiUSD1 (USD1) $ 0.999035
  • uniswapUniswap (UNI) $ 4.98
  • rainRain (RAIN) $ 0.009115
  • mantleMantle (MNT) $ 0.900351
  • memecoreMemeCore (M) $ 1.63
  • bitget-tokenBitget Token (BGB) $ 3.65
  • tether-goldTether Gold (XAUT) $ 4,779.53
  • aaveAave (AAVE) $ 160.88
  • bittensorBittensor (TAO) $ 247.20
  • okbOKB (OKB) $ 104.81
  • pepePepe (PEPE) $ 0.000005
  • falcon-financeFalcon USD (USDF) $ 0.996545
  • internet-computerInternet Computer (ICP) $ 3.67
  • nearNEAR Protocol (NEAR) $ 1.55
  • pax-goldPAX Gold (PAXG) $ 4,792.24
  • jito-staked-solJito Staked SOL (JITOSOL) $ 163.28
  • ethereum-classicEthereum Classic (ETC) $ 11.77
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,025.45
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • ondo-financeOndo (ONDO) $ 0.345512
  • htx-daoHTX DAO (HTX) $ 0.000002
  • global-dollarGlobal Dollar (USDG) $ 0.999710
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • pump-funPump.fun (PUMP) $ 0.002650
  • solanaSolana (SOL) $ 130.05
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,209.34
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.65
  • pi-networkPi Network (PI) $ 0.183436
  • aster-2Aster (ASTER) $ 0.618484
  • skySky (SKY) $ 0.065592
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.136198
  • ethenaEthena (ENA) $ 0.180166
  • binance-staked-solBinance Staked SOL (BNSOL) $ 142.43
  • kucoin-sharesKuCoin (KCS) $ 10.74
  • ripple-usdRipple USD (RLUSD) $ 0.999789
  • worldcoin-wldWorldcoin (WLD) $ 0.484659
  • hash-2Provenance Blockchain (HASH) $ 0.024748
  • wbnbWrapped BNB (WBNB) $ 891.13
  • bfusdBFUSD (BFUSD) $ 0.998721
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999719
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,494.56
  • aptosAptos (APT) $ 1.56
  • cosmosCosmos Hub (ATOM) $ 2.42
  • quant-networkQuant (QNT) $ 79.54
  • gatechain-tokenGate (GT) $ 9.97
  • myx-financeMYX Finance (MYX) $ 5.94
  • usddUSDD (USDD) $ 0.999235
  • kaspaKaspa (KAS) $ 0.041044
  • arbitrumArbitrum (ARB) $ 0.187848
  • render-tokenRender (RENDER) $ 2.08
  • algorandAlgorand (ALGO) $ 0.119999
  • midnight-3Midnight (NIGHT) $ 0.060425
  • filecoinFilecoin (FIL) $ 1.36
  • official-trumpOfficial Trump (TRUMP) $ 4.96
  • ignition-fbtcFunction FBTC (FBTC) $ 90,233.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 90,359.00
  • riverRiver (RIVER) $ 47.79
  • nexoNEXO (NEXO) $ 0.937477
  • vechainVeChain (VET) $ 0.010630
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 89,832.00
  • flare-networksFlare (FLR) $ 0.010407
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,280.63
  • usdtbUSDtb (USDTB) $ 0.999624
  • dashDash (DASH) $ 67.49
  • story-2Story (IP) $ 2.39
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,229.78
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999706
  • bonkBonk (BONK) $ 0.000009
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.97
  • wrappedm-by-m0WrappedM by M0 (WM) $ 0.999441
  • xdce-crowd-saleXDC Network (XDC) $ 0.040408
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • ousgOUSG (OUSG) $ 114.04
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 89,782.00
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • sei-networkSei (SEI) $ 0.109464
  • clbtcclBTC (CLBTC) $ 90,762.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,214.56
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,230.75
  • beldexBeldex (BDX) $ 0.087234
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.97
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,024.01
  • morphoMorpho (MORPHO) $ 1.20
  • usdaiUSDai (USDAI) $ 0.999566
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 151.46
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010266
  • tezosTezos (XTZ) $ 0.595534
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.96
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999728
  • jupiter-exchange-solanaJupiter (JUP) $ 0.196427
  • optimismOptimism (OP) $ 0.319373
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.22
  • wrapped-flareWrapped Flare (WFLR) $ 0.010397
  • blockstackStacks (STX) $ 0.330344
  • usual-usdUsual USD (USD0) $ 0.996112
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,022.58
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.870497
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.243223
  • chilizChiliz (CHZ) $ 0.054479
  • shmeegusShmeegus (SHMEEGUS) $ 0.558730
  • curve-dao-tokenCurve DAO (CRV) $ 0.372889
  • tbtctBTC (TBTC) $ 89,902.00
  • c8ntinuumc8ntinuum (CTM) $ 0.120737
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998606
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 22.26
  • a7a5A7A5 (A7A5) $ 0.012794
  • ghoGHO (GHO) $ 0.999569
  • true-usdTrueUSD (TUSD) $ 0.998674
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.09
  • gtethGTETH (GTETH) $ 3,024.28
  • injective-protocolInjective (INJ) $ 4.71
  • fasttokenFasttoken (FTN) $ 1.09
  • lido-daoLido DAO (LDO) $ 0.539073
  • lighterLighter (LIT) $ 1.81
  • msolMarinade Staked SOL (MSOL) $ 176.14
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,252.47
  • doublezeroDoubleZero (2Z) $ 0.128250
  • aerodrome-financeAerodrome Finance (AERO) $ 0.484407
  • axie-infinityAxie Infinity (AXS) $ 2.62
  • the-sandboxThe Sandbox (SAND) $ 0.162583
  • ether-fiEther.fi (ETHFI) $ 0.622381
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • flokiFLOKI (FLOKI) $ 0.000045
  • cap-usdCap USD (CUSD) $ 0.987767
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,388.27
  • stader-ethxStader ETHx (ETHX) $ 3,260.55
  • spx6900SPX6900 (SPX) $ 0.449976
  • starknetStarknet (STRK) $ 0.080322
  • celestiaCelestia (TIA) $ 0.479082
  • bittorrentBitTorrent (BTT) $ 0.00000042
  • newton-projectAB (AB) $ 0.004228
  • sun-tokenSun Token (SUN) $ 0.021364
  • sbtc-2sBTC (SBTC) $ 89,547.00
  • usdbUSDB (USDB) $ 0.995318
  • justJUST (JST) $ 0.045938
  • staked-aaveStaked Aave (STKAAVE) $ 161.08
  • the-graphThe Graph (GRT) $ 0.037677
  • telcoinTelcoin (TEL) $ 0.004125
  • layerzeroLayerZero (ZRO) $ 1.93
  • wrapped-apecoinWrapped ApeCoin (WAPE) $ 0.194329
  • iotaIOTA (IOTA) $ 0.091455
  • syrupMaple Finance (SYRUP) $ 0.333847
  • conflux-tokenConflux (CFX) $ 0.072785
  • resolv-usrResolv USR (USR) $ 0.999960
  • bitcoin-svBitcoin SV (BSV) $ 18.46
  • kinesis-goldKinesis Gold (KAU) $ 154.16
  • gnosisGnosis (GNO) $ 138.91
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.879066
  • jasmycoinJasmyCoin (JASMY) $ 0.007388
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • pippinpippin (PIPPIN) $ 0.360759
  • pendlePendle (PENDLE) $ 2.13
  • decredDecred (DCR) $ 20.81
  • euro-coinEURC (EURC) $ 1.17
  • crvusdcrvUSD (CRVUSD) $ 0.998524

Solana Overtakes Ethereum for Large Transfers Among Broker-Dealers

0 156

Solana Overtakes Ethereum for Large Transfers Among Broker-Dealers

The crypto sector has seen a major shift as broker-dealers are utilizing the Solana blockchain for huge transactions. As per the data from a crypto analyst going by MartyParty, the crypto broker-dealers are now preferring the use of the Solana blockchain over Ethereum blockchain to perform large transfers. The crypto analyst took to social media to discuss the significant market shift from Ethereum to Solana.

Broker Dealers are starting to use the #Solana network to send and receive large transactions instead of #Ethereum. Why?

– Because they also like fast and cheap transactions.
– Because Stable Coin liquidity shot up on Solana in 2025.

Broker Dealers send $1-10m transactions…

— MartyParty (@martypartymusic) March 8, 2025

Broker-Dealers Choose Solana Instead of Ethereum for Big Transfers

MartyParty reveals a noteworthy transition in the behavior of broker-dealers when it comes to big transactions. Hence, they have reportedly shifted from Ethereum to Solana. The preference of Solana takes into account several reasons, taking into account decreased transfer charges, and high speed.

Large financial platforms frequently shift funds ranging from $1M to $10M per transfer. With this, they primarily focus on the inventory management, debt settlement, and liquidity provision among institutional investors and market makers. On the other hand, Ethereum has increased gas fees as well as congestion issues, making it less appealing for big operations.

Apart from that, Solana has recorded an enormous surge in stablecoin liquidity during this year. As a result of this, it has become a relatively appealing platform for entities dealing with huge digital asset transfers. The liquidity upsurge guarantees relatively efficient and streamlined asset movements without substantial transfer delays or price slippage.

Wider Shift Raises Concerns about Ethereum’s Cost and Scalability Challenges

According to MartyParty, the broker-dealers’ preference for Solana over Ethereum has notable implications for the wider crypto sector. The increased utilization of Solana by Broker-dealers additionally displays the rising trust in the platform’s infrastructure and stability. Moreover, if Ethereum remains unsuccessful in addressing the cost and scalability challenges, more institutional users may shift to other blockchains, such as Solana.

Source

Leave A Reply

Your email address will not be published.