• bitcoinBitcoin (BTC) $ 68,186.00
  • ethereumEthereum (ETH) $ 2,017.74
  • tetherTether (USDT) $ 0.999639
  • xrpXRP (XRP) $ 1.49
  • bnbBNB (BNB) $ 623.40
  • usd-coinUSDC (USDC) $ 0.999902
  • solanaSolana (SOL) $ 85.57
  • tronTRON (TRX) $ 0.280883
  • staked-etherLido Staked Ether (STETH) $ 2,265.05
  • dogecoinDogecoin (DOGE) $ 0.101453
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.03
  • bitcoin-cashBitcoin Cash (BCH) $ 564.69
  • whitebitWhiteBIT Coin (WBT) $ 51.73
  • cardanoCardano (ADA) $ 0.285482
  • usdsUSDS (USDS) $ 0.999972
  • wrapped-stethWrapped stETH (WSTETH) $ 2,779.67
  • leo-tokenLEO Token (LEO) $ 8.53
  • hyperliquidHyperliquid (HYPE) $ 29.52
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 76,243.00
  • chainlinkChainlink (LINK) $ 8.90
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
  • ethena-usdeEthena USDe (USDE) $ 0.999090
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 2,466.93
  • moneroMonero (XMR) $ 341.24
  • canton-networkCanton (CC) $ 0.165963
  • stellarStellar (XLM) $ 0.168388
  • wrapped-eethWrapped eETH (WEETH) $ 2,465.31
  • usd1-wlfiUSD1 (USD1) $ 0.999485
  • rainRain (RAIN) $ 0.009912
  • zcashZcash (ZEC) $ 285.46
  • susdssUSDS (SUSDS) $ 1.08
  • hedera-hashgraphHedera (HBAR) $ 0.101431
  • litecoinLitecoin (LTC) $ 54.30
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 76,366.00
  • daiDai (DAI) $ 1.00
  • paypal-usdPayPal USD (PYUSD) $ 0.999556
  • avalanche-2Avalanche (AVAX) $ 9.13
  • wethWETH (WETH) $ 2,268.37
  • shiba-inuShiba Inu (SHIB) $ 0.000007
  • suiSui (SUI) $ 0.978366
  • the-open-networkToncoin (TON) $ 1.43
  • usdt0USDT0 (USDT0) $ 0.998824
  • crypto-com-chainCronos (CRO) $ 0.079646
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.114565
  • memecoreMemeCore (M) $ 1.53
  • tether-goldTether Gold (XAUT) $ 4,898.03
  • polkadotPolkadot (DOT) $ 1.36
  • pax-goldPAX Gold (PAXG) $ 4,921.46
  • uniswapUniswap (UNI) $ 3.57
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.22
  • mantleMantle (MNT) $ 0.634286
  • aaveAave (AAVE) $ 126.85
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • bittensorBittensor (TAO) $ 193.29
  • pepePepe (PEPE) $ 0.000004
  • aster-2Aster (ASTER) $ 0.716542
  • falcon-financeFalcon USD (USDF) $ 0.996081
  • okbOKB (OKB) $ 80.18
  • pi-networkPi Network (PI) $ 0.184400
  • bitget-tokenBitget Token (BGB) $ 2.37
  • global-dollarGlobal Dollar (USDG) $ 0.999561
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.15
  • hashnote-usycCircle USYC (USYC) $ 1.12
  • htx-daoHTX DAO (HTX) $ 0.000002
  • ripple-usdRipple USD (RLUSD) $ 0.999716
  • skySky (SKY) $ 0.065000
  • ethereum-classicEthereum Classic (ETC) $ 8.73
  • nearNEAR Protocol (NEAR) $ 1.05
  • ondo-financeOndo (ONDO) $ 0.277965
  • bfusdBFUSD (BFUSD) $ 0.998703
  • pump-funPump.fun (PUMP) $ 0.002196
  • internet-computerInternet Computer (ICP) $ 2.36
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.99
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.110646
  • cosmosCosmos Hub (ATOM) $ 2.30
  • gatechain-tokenGate (GT) $ 7.22
  • hash-2Provenance Blockchain (HASH) $ 0.020414
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.00
  • worldcoin-wldWorldcoin (WLD) $ 0.391984
  • kucoin-sharesKuCoin (KCS) $ 8.44
  • ethenaEthena (ENA) $ 0.120938
  • midnight-3Midnight (NIGHT) $ 0.057564
  • jito-staked-solJito Staked SOL (JITOSOL) $ 124.46
  • nexoNEXO (NEXO) $ 0.870334
  • kaspaKaspa (KAS) $ 0.032159
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,404.69
  • usdtbUSDtb (USDTB) $ 0.998207
  • algorandAlgorand (ALGO) $ 0.093855
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,262.26
  • flare-networksFlare (FLR) $ 0.009696
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,631.35
  • morphoMorpho (MORPHO) $ 1.49
  • official-trumpOfficial Trump (TRUMP) $ 3.45
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999945
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.24
  • render-tokenRender (RENDER) $ 1.46
  • wbnbWrapped BNB (WBNB) $ 759.61
  • xdce-crowd-saleXDC Network (XDC) $ 0.036900
  • ignition-fbtcFunction FBTC (FBTC) $ 76,389.00
  • filecoinFilecoin (FIL) $ 0.967773
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.03
  • ousgOUSG (OUSG) $ 114.32
  • aptosAptos (APT) $ 0.919067
  • usddUSDD (USDD) $ 0.999602
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • vechainVeChain (VET) $ 0.008128
  • arbitrumArbitrum (ARB) $ 0.113587
  • binance-staked-solBinance Staked SOL (BNSOL) $ 108.24
  • beldexBeldex (BDX) $ 0.080136
  • bonkBonk (BONK) $ 0.000007
  • usual-usdUsual USD (USD0) $ 0.993645
  • janus-henderson-anemoy-treasury-fundJanus Henderson Anemoy Treasury Fund (JTRSY) $ 1.10
  • usdaiUSDai (USDAI) $ 0.999693
  • stable-2​​Stable (STABLE) $ 0.030280
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999720
  • jupiter-exchange-solanaJupiter (JUP) $ 0.164826
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 76,461.00
  • ghoGHO (GHO) $ 1.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 76,491.00
  • a7a5A7A5 (A7A5) $ 0.012970
  • sei-networkSei (SEI) $ 0.075167
  • true-usdTrueUSD (TUSD) $ 0.997329
  • clbtcclBTC (CLBTC) $ 76,920.00
  • pippinpippin (PIPPIN) $ 0.488073
  • dashDash (DASH) $ 37.76
  • fasttokenFasttoken (FTN) $ 1.09
  • blockstackStacks (STX) $ 0.262621
  • euro-coinEURC (EURC) $ 1.18
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.007209
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,419.84
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.32
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.658481
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 33.97
  • tbtctBTC (TBTC) $ 70,942.00
  • tezosTezos (XTZ) $ 0.399945
  • kite-2Kite (KITE) $ 0.234612
  • wrappedm-by-m0WrappedM by M0 (WM) $ 1.00
  • chilizChiliz (CHZ) $ 0.040700
  • decredDecred (DCR) $ 23.35
  • story-2Story (IP) $ 1.14
  • optimismOptimism (OP) $ 0.188046
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.998503
  • lighterLighter (LIT) $ 1.58
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.172021
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,455.82
  • justJUST (JST) $ 0.043067
  • kinesis-goldKinesis Gold (KAU) $ 158.03
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999983
  • curve-dao-tokenCurve DAO (CRV) $ 0.254224
  • resolv-wstusrResolv wstUSR (WSTUSR) $ 1.13
  • c8ntinuumc8ntinuum (CTM) $ 0.085772
  • cocaCOCA (COCA) $ 1.30
  • ether-fiEther.fi (ETHFI) $ 0.482615
  • spx6900SPX6900 (SPX) $ 0.371088
  • apenftAINFT (NFT) $ 0.00000034
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 2,406.26
  • bittorrentBitTorrent (BTT) $ 0.00000034
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 76,200.00
  • kaiaKaia (KAIA) $ 0.057320
  • bitcoin-svBitcoin SV (BSV) $ 16.61
  • gnosisGnosis (GNO) $ 125.14
  • pyth-networkPyth Network (PYTH) $ 0.057063
  • wrapped-flareWrapped Flare (WFLR) $ 0.009961
  • sun-tokenSun Token (SUN) $ 0.017026
  • usxUSX (USX) $ 0.999685
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,266.86
  • humanityHumanity (H) $ 0.172496
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.12
  • layerzeroLayerZero (ZRO) $ 1.56
  • injective-protocolInjective (INJ) $ 3.13
  • flokiFLOKI (FLOKI) $ 0.000032
  • hastra-primePRIME (PRIME) $ 1.02
  • celestiaCelestia (TIA) $ 0.344500
  • binance-peg-xrpBinance-Peg XRP (XRP) $ 1.59
  • aerodrome-financeAerodrome Finance (AERO) $ 0.324956
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 2,443.47
  • the-graphThe Graph (GRT) $ 0.027879
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,421.84
  • iotaIOTA (IOTA) $ 0.069183
  • jasmycoinJasmyCoin (JASMY) $ 0.006017
  • sbtc-2sBTC (SBTC) $ 77,039.00
  • adi-tokenADI (ADI) $ 3.01
  • lido-daoLido DAO (LDO) $ 0.344755
  • crvusdcrvUSD (CRVUSD) $ 0.997396
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 115.56
  • syrupMaple Finance (SYRUP) $ 0.245839
  • savings-usddSavings USDD (SUSDD) $ 1.03
  • conflux-tokenConflux (CFX) $ 0.054545
  • fraxLegacy Frax Dollar (FRAX) $ 0.990713
  • olympusOlympus (OHM) $ 17.41
  • msolMarinade Staked SOL (MSOL) $ 133.18
  • heliumHelium (HNT) $ 1.47
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,265.06
  • doublezeroDoubleZero (2Z) $ 0.077452
  • ethereum-name-serviceEthereum Name Service (ENS) $ 6.95
  • starknetStarknet (STRK) $ 0.048623
  • telcoinTelcoin (TEL) $ 0.002783
  • staked-aaveStaked Aave (STKAAVE) $ 126.65
  • myx-financeMYX Finance (MYX) $ 1.40

Solana Overtakes Ethereum for Large Transfers Among Broker-Dealers

0 177

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.