• bitcoinBitcoin (BTC) $ 110,588.00
  • ethereumEthereum (ETH) $ 2,675.13
  • tetherTether (USDT) $ 0.999896
  • xrpXRP (XRP) $ 2.44
  • bnbBNB (BNB) $ 687.05
  • solanaSolana (SOL) $ 180.85
  • usd-coinUSDC (USDC) $ 0.999810
  • dogecoinDogecoin (DOGE) $ 0.245680
  • cardanoCardano (ADA) $ 0.817694
  • tronTRON (TRX) $ 0.274582
  • staked-etherLido Staked Ether (STETH) $ 2,668.99
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 110,485.00
  • suiSui (SUI) $ 3.86
  • hyperliquidHyperliquid (HYPE) $ 34.95
  • wrapped-stethWrapped stETH (WSTETH) $ 3,212.73
  • chainlinkChainlink (LINK) $ 16.74
  • avalanche-2Avalanche (AVAX) $ 25.22
  • stellarStellar (XLM) $ 0.303118
  • shiba-inuShiba Inu (SHIB) $ 0.000015
  • bitcoin-cashBitcoin Cash (BCH) $ 444.34
  • hedera-hashgraphHedera (HBAR) $ 0.204292
  • leo-tokenLEO Token (LEO) $ 8.86
  • the-open-networkToncoin (TON) $ 3.16
  • litecoinLitecoin (LTC) $ 100.67
  • polkadotPolkadot (DOT) $ 4.97
  • wethWETH (WETH) $ 2,672.02
  • moneroMonero (XMR) $ 391.14
  • usdsUSDS (USDS) $ 0.999851
  • bitget-tokenBitget Token (BGB) $ 5.76
  • pepePepe (PEPE) $ 0.000016
  • wrapped-eethWrapped eETH (WEETH) $ 2,851.49
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • pi-networkPi Network (PI) $ 0.809196
  • ethena-usdeEthena USDe (USDE) $ 0.999886
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 110,734.00
  • whitebitWhiteBIT Coin (WBT) $ 31.69
  • bittensorBittensor (TAO) $ 465.26
  • uniswapUniswap (UNI) $ 6.51
  • aaveAave (AAVE) $ 256.37
  • nearNEAR Protocol (NEAR) $ 3.07
  • aptosAptos (APT) $ 5.87
  • daiDai (DAI) $ 0.999584
  • jito-staked-solJito Staked SOL (JITOSOL) $ 217.34
  • ondo-financeOndo (ONDO) $ 1.02
  • okbOKB (OKB) $ 52.97
  • kaspaKaspa (KAS) $ 0.115588
  • internet-computerInternet Computer (ICP) $ 5.67
  • crypto-com-chainCronos (CRO) $ 0.100075
  • ethereum-classicEthereum Classic (ETC) $ 19.62
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • tokenize-xchangeTokenize Xchange (TKX) $ 36.21
  • official-trumpOfficial Trump (TRUMP) $ 14.14
  • render-tokenRender (RENDER) $ 5.19
  • gatechain-tokenGate (GT) $ 21.94
  • vechainVeChain (VET) $ 0.030600
  • mantleMantle (MNT) $ 0.767268
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • ethenaEthena (ENA) $ 0.420736
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.907160
  • worldcoin-wldWorldcoin (WLD) $ 1.56
  • cosmosCosmos Hub (ATOM) $ 5.20
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.252115
  • susdssUSDS (SUSDS) $ 1.05
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.431396
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 110,423.00
  • algorandAlgorand (ALGO) $ 0.241572
  • filecoinFilecoin (FIL) $ 3.07
  • fasttokenFasttoken (FTN) $ 4.39
  • celestiaCelestia (TIA) $ 2.87
  • bonkBonk (BONK) $ 0.000023
  • jupiter-exchange-solanaJupiter (JUP) $ 0.594207
  • sonic-3Sonic (prev. FTM) (S) $ 0.531912
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.71
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,668.65
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999276
  • binance-staked-solBinance Staked SOL (BNSOL) $ 190.27
  • fartcoinFartcoin (FARTCOIN) $ 1.57
  • blockstackStacks (STX) $ 0.987767
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,806.18
  • kucoin-sharesKuCoin (KCS) $ 11.51
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.19
  • injective-protocolInjective (INJ) $ 14.55
  • optimismOptimism (OP) $ 0.813576
  • sei-networkSei (SEI) $ 0.245889
  • immutable-xImmutable (IMX) $ 0.710149
  • story-2Story (IP) $ 4.68
  • dogwifcoindogwifhat (WIF) $ 1.28
  • flare-networksFlare (FLR) $ 0.019411
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,031.72
  • nexoNEXO (NEXO) $ 1.25
  • eosEOS (EOS) $ 0.774452
  • usdt0USDT0 (USDT0) $ 0.999784
  • the-graphThe Graph (GRT) $ 0.120240
  • xdce-crowd-saleXDC Network (XDC) $ 0.072407
  • curve-dao-tokenCurve DAO (CRV) $ 0.839705
  • makerMaker (MKR) $ 1,768.86
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 111,119.00
  • flokiFLOKI (FLOKI) $ 0.000112
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,859.84
  • raydiumRaydium (RAY) $ 3.39
  • msolMarinade Staked SOL (MSOL) $ 233.78
  • theta-tokenTheta Network (THETA) $ 0.968680
  • galaGALA (GALA) $ 0.021005
  • jasmycoinJasmyCoin (JASMY) $ 0.019043
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 200.50
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 110,627.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999473
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.014105
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,801.31
  • lido-daoLido DAO (LDO) $ 0.977142
  • iotaIOTA (IOTA) $ 0.230568
  • wbnbWrapped BNB (WBNB) $ 687.22
  • clbtcclBTC (CLBTC) $ 109,441.00
  • coredaoorgCore (CORE) $ 0.843005
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 0.999901
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,792.52
  • the-sandboxThe Sandbox (SAND) $ 0.336878
  • tether-goldTether Gold (XAUT) $ 3,328.66
  • pyth-networkPyth Network (PYTH) $ 0.142366
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.49
  • pax-goldPAX Gold (PAXG) $ 3,331.40
  • spx6900SPX6900 (SPX) $ 0.851592
  • zcashZcash (ZEC) $ 49.10
  • ethereum-name-serviceEthereum Name Service (ENS) $ 23.76
  • heliumHelium (HNT) $ 4.26
  • bitcoin-svBitcoin SV (BSV) $ 38.99
  • based-brettBrett (BRETT) $ 0.077054
  • walrus-2Walrus (WAL) $ 0.571098
  • bittorrentBitTorrent (BTT) $ 0.00000076
  • pendlePendle (PENDLE) $ 4.55
  • thorchainTHORChain (RUNE) $ 2.11
  • kaiaKaia (KAIA) $ 0.122714
  • dexeDeXe (DEXE) $ 12.60
  • jito-governance-tokenJito (JTO) $ 2.14
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 109,882.00
  • flowFlow (FLOW) $ 0.435263
  • tezosTezos (XTZ) $ 0.657329
  • chain-2Onyxcoin (XCN) $ 0.019951
  • grassGrass (GRASS) $ 2.42
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.999434
  • usual-usdUsual USD (USD0) $ 0.997455
  • decentralandDecentraland (MANA) $ 0.339795
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.06
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.244660
  • ousgOUSG (OUSG) $ 111.15
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,668.61
  • super-oethSuper OETH (SUPEROETH) $ 2,666.32
  • aerodrome-financeAerodrome Finance (AERO) $ 0.687547
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 111,017.00
  • apecoinApeCoin (APE) $ 0.700178
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,787.55
  • elrond-erd-2MultiversX (EGLD) $ 19.66
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,850.76
  • popcatPopcat (POPCAT) $ 0.557288
  • reserve-rights-tokenReserve Rights (RSR) $ 0.009513
  • starknetStarknet (STRK) $ 0.175317
  • dydx-chaindYdX (DYDX) $ 0.700746
  • ketKet (KET) $ 0.542834
  • aioz-networkAIOZ Network (AIOZ) $ 0.462045
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999754
  • dog-go-to-the-moon-runeDog (Bitcoin) (DOG) $ 0.005271
  • mog-coinMog Coin (MOG) $ 0.000001
  • arweaveArweave (AR) $ 7.95
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,672.02
  • kaitoKAITO (KAITO) $ 2.10
  • tbtctBTC (TBTC) $ 110,581.00
  • movementMovement (MOVE) $ 0.195478
  • axie-infinityAxie Infinity (AXS) $ 3.09
  • wormholeWormhole (W) $ 0.108219
  • true-usdTrueUSD (TUSD) $ 0.997938
  • conflux-tokenConflux (CFX) $ 0.097394
  • deepDeepBook (DEEP) $ 0.196733
  • neoNEO (NEO) $ 6.95
  • pumpbtcpumpBTC (PUMPBTC) $ 108,142.00
  • roninRonin (RON) $ 0.736453
  • telcoinTelcoin (TEL) $ 0.005211
  • eigenlayerEigenlayer (EIGEN) $ 1.58
  • ecasheCash (XEC) $ 0.000024
  • kavaKava (KAVA) $ 0.433194
  • aethirAethir (ATH) $ 0.050494
  • akash-networkAkash Network (AKT) $ 1.69
  • morphoMorpho (MORPHO) $ 1.67
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999806
  • chilizChiliz (CHZ) $ 0.046876
  • beldexBeldex (BDX) $ 0.062774
  • saros-financeSaros (SAROS) $ 0.170540
  • apenftAPENFT (NFT) $ 0.00000045
  • beam-2Beam (BEAM) $ 0.008502
  • plumePlume (PLUME) $ 0.180794
  • ether-fiEther.fi (ETHFI) $ 1.36
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,675.20
  • wrapped-hypeWrapped HYPE (WHYPE) $ 34.89
  • syrupusdcSyrupUSDC (SYRUPUSDC) $ 1.10
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 38.20
  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.004598
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • amp-tokenAmp (AMP) $ 0.004838

Solana Overtakes Ethereum for Large Transfers Among Broker-Dealers

0 22

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.