• bitcoinBitcoin (BTC) $ 90,924.00
  • ethereumEthereum (ETH) $ 2,998.57
  • tetherTether (USDT) $ 0.999895
  • xrpXRP (XRP) $ 2.18
  • bnbBNB (BNB) $ 892.19
  • usd-coinUSDC (USDC) $ 0.999712
  • tronTRON (TRX) $ 0.280028
  • staked-etherLido Staked Ether (STETH) $ 2,997.22
  • dogecoinDogecoin (DOGE) $ 0.150738
  • cardanoCardano (ADA) $ 0.423832
  • figure-helocFigure Heloc (FIGR_HELOC) $ 1.05
  • whitebitWhiteBIT Coin (WBT) $ 59.18
  • wrapped-stethWrapped stETH (WSTETH) $ 3,658.29
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 90,789.00
  • bitcoin-cashBitcoin Cash (BCH) $ 536.21
  • wrapped-beacon-ethWrapped Beacon ETH (WBETH) $ 3,248.01
  • usdsUSDS (USDS) $ 0.999736
  • hyperliquidHyperliquid (HYPE) $ 34.20
  • chainlinkChainlink (LINK) $ 13.20
  • leo-tokenLEO Token (LEO) $ 9.82
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.999470
  • stellarStellar (XLM) $ 0.252220
  • wethWETH (WETH) $ 2,999.63
  • zcashZcash (ZEC) $ 484.97
  • wrapped-eethWrapped eETH (WEETH) $ 3,243.17
  • moneroMonero (XMR) $ 405.70
  • ethena-usdeEthena USDe (USDE) $ 0.998936
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 91,004.00
  • litecoinLitecoin (LTC) $ 85.36
  • avalanche-2Avalanche (AVAX) $ 15.02
  • hedera-hashgraphHedera (HBAR) $ 0.145380
  • suiSui (SUI) $ 1.53
  • shiba-inuShiba Inu (SHIB) $ 0.000009
  • daiDai (DAI) $ 0.999793
  • world-liberty-financialWorld Liberty Financial (WLFI) $ 0.161305
  • crypto-com-chainCronos (CRO) $ 0.110107
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.21
  • the-open-networkToncoin (TON) $ 1.62
  • susdssUSDS (SUSDS) $ 1.08
  • paypal-usdPayPal USD (PYUSD) $ 0.999809
  • uniswapUniswap (UNI) $ 6.10
  • polkadotPolkadot (DOT) $ 2.31
  • usdt0USDT0 (USDT0) $ 0.999695
  • mantleMantle (MNT) $ 1.05
  • canton-networkCanton (CC) $ 0.087205
  • bittensorBittensor (TAO) $ 297.18
  • aaveAave (AAVE) $ 183.35
  • usd1-wlfiUSD1 (USD1) $ 0.998746
  • bitget-tokenBitget Token (BGB) $ 3.62
  • nearNEAR Protocol (NEAR) $ 1.89
  • okbOKB (OKB) $ 110.61
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • pi-networkPi Network (PI) $ 0.277147
  • aster-2Aster (ASTER) $ 1.09
  • falcon-financeFalcon USD (USDF) $ 0.998976
  • internet-computerInternet Computer (ICP) $ 4.02
  • tether-goldTether Gold (XAUT) $ 4,177.17
  • memecoreMemeCore (M) $ 1.26
  • ethereum-classicEthereum Classic (ETC) $ 13.79
  • ethenaEthena (ENA) $ 0.280216
  • pepePepe (PEPE) $ 0.000005
  • jito-staked-solJito Staked SOL (JITOSOL) $ 173.70
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,997.48
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.72
  • solanaWrapped SOL (SOL) $ 139.43
  • pump-funPump.fun (PUMP) $ 0.002889
  • rainRain (RAIN) $ 0.007161
  • aptosAptos (APT) $ 2.23
  • ondo-financeOndo (ONDO) $ 0.516694
  • htx-daoHTX DAO (HTX) $ 0.000002
  • worldcoin-wldWorldcoin (WLD) $ 0.644133
  • kaspaKaspa (KAS) $ 0.056683
  • kucoin-sharesKuCoin (KCS) $ 11.59
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.137093
  • pax-goldPAX Gold (PAXG) $ 4,188.68
  • syrupusdcsyrupUSDC (SYRUPUSDC) $ 1.14
  • usdtbUSDtb (USDTB) $ 0.999878
  • bfusdBFUSD (BFUSD) $ 0.998860
  • hash-2Provenance Blockchain (HASH) $ 0.025181
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 0.999736
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,443.42
  • algorandAlgorand (ALGO) $ 0.143116
  • ripple-usdRipple USD (RLUSD) $ 0.999511
  • gatechain-tokenGate (GT) $ 10.71
  • wbnbWrapped BNB (WBNB) $ 892.75
  • quant-networkQuant (QNT) $ 84.75
  • arbitrumArbitrum (ARB) $ 0.218885
  • official-trumpOfficial Trump (TRUMP) $ 6.08
  • global-dollarGlobal Dollar (USDG) $ 0.999697
  • cosmosCosmos Hub (ATOM) $ 2.50
  • vechainVeChain (VET) $ 0.013732
  • binance-staked-solBinance Staked SOL (BNSOL) $ 151.07
  • hashnote-usycCircle USYC (USYC) $ 1.11
  • flare-networksFlare (FLR) $ 0.014874
  • filecoinFilecoin (FIL) $ 1.61
  • skySky (SKY) $ 0.049008
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,172.19
  • ignition-fbtcFunction FBTC (FBTC) $ 90,977.00
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 90,746.00
  • kinetic-staked-hypeKinetiq Staked HYPE (KHYPE) $ 34.49
  • liquid-staked-ethereumLiquid Staked ETH (LSETH) $ 3,223.32
  • nexoNEXO (NEXO) $ 1.00
  • xdce-crowd-saleXDC Network (XDC) $ 0.053275
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 90,614.00
  • syrupusdtsyrupUSDT (SYRUPUSDT) $ 1.11
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.996937
  • render-tokenRender (RENDER) $ 1.77
  • sei-networkSei (SEI) $ 0.138033
  • superstate-short-duration-us-government-securities-fund-ustbSuperstate Short Duration U.S. Government Securities Fund (USTB) (USTB) $ 10.90
  • story-2Story (IP) $ 2.57
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.48
  • bonkBonk (BONK) $ 0.000010
  • morphoMorpho (MORPHO) $ 1.52
  • jupiter-exchange-solanaJupiter (JUP) $ 0.253165
  • ousgOUSG (OUSG) $ 113.44
  • janus-henderson-anemoy-aaa-clo-fundJanus Henderson Anemoy AAA CLO Fund (JAAA) $ 1.02
  • dashDash (DASH) $ 59.89
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,241.91
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,191.44
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 90,672.00
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.011147
  • clbtcclBTC (CLBTC) $ 90,661.00
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.11
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.260455
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 160.85
  • spx6900SPX6900 (SPX) $ 0.699878
  • starknetStarknet (STRK) $ 0.141353
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 0.984328
  • optimismOptimism (OP) $ 0.333384
  • aerodrome-financeAerodrome Finance (AERO) $ 0.699067
  • curve-dao-tokenCurve DAO (CRV) $ 0.439064
  • bridged-usdc-polygon-pos-bridgePolygon Bridged USDC (Polygon PoS) (USDC.E) $ 0.999713
  • fasttokenFasttoken (FTN) $ 1.44
  • usdaiUSDai (USDAI) $ 0.999319
  • polygon-pos-bridged-dai-polygon-posPolygon PoS Bridged DAI (Polygon POS) (DAI) $ 0.999961
  • injective-protocolInjective (INJ) $ 6.09
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 3,121.19
  • beldexBeldex (BDX) $ 0.081276
  • lido-daoLido DAO (LDO) $ 0.662833
  • blockstackStacks (STX) $ 0.319436
  • msolMarinade Staked SOL (MSOL) $ 187.11
  • newton-projectAB (AB) $ 0.006320
  • tbtctBTC (TBTC) $ 90,799.00
  • the-graphThe Graph (GRT) $ 0.051802
  • usual-usdUsual USD (USD0) $ 0.998103
  • celestiaCelestia (TIA) $ 0.639434
  • tezosTezos (XTZ) $ 0.508300
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,000.25
  • shrepeShrepe (SHREPE) $ 0.528427
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,999.41
  • true-usdTrueUSD (TUSD) $ 0.996402
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,460.42
  • iotaIOTA (IOTA) $ 0.117087
  • ether-fiEther.fi (ETHFI) $ 0.795272
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.993954
  • myx-financeMYX Finance (MYX) $ 2.50
  • flokiFLOKI (FLOKI) $ 0.000049
  • kaiaKaia (KAIA) $ 0.081024
  • usddUSDD (USDD) $ 0.999330
  • telcoinTelcoin (TEL) $ 0.004923
  • gtethGTETH (GTETH) $ 2,999.09
  • stader-ethxStader ETHx (ETHX) $ 3,224.11
  • pendlePendle (PENDLE) $ 2.72
  • trust-wallet-tokenTrust Wallet (TWT) $ 1.06
  • eutblSpiko EU T-Bills Money Market Fund (EUTBL) $ 1.21
  • ethereum-name-serviceEthereum Name Service (ENS) $ 11.60
  • pyth-networkPyth Network (PYTH) $ 0.076155
  • ether-fi-liquid-ethEther.Fi Liquid ETH (LIQUIDETH) $ 3,190.91
  • conflux-tokenConflux (CFX) $ 0.083163
  • bitcoin-svBitcoin SV (BSV) $ 21.15
  • steakhouse-usdc-morpho-vaultSteakhouse USDC Morpho Vault (STEAKUSDC) $ 1.11
  • sonic-3Sonic (S) $ 0.110782
  • the-sandboxThe Sandbox (SAND) $ 0.159818
  • ghoGHO (GHO) $ 0.999192
  • monadMonad (MON) $ 0.038430
  • doublezeroDoubleZero (2Z) $ 0.119305
  • plasmaPlasma (XPL) $ 0.208304
  • bittorrentBitTorrent (BTT) $ 0.00000042
  • decredDecred (DCR) $ 23.79
  • sun-tokenSun Token (SUN) $ 0.021316
  • heliumHelium (HNT) $ 2.18
  • sbtc-2sBTC (SBTC) $ 91,523.00
  • wrapped-hypeWrapped HYPE (WHYPE) $ 34.30
  • swethSwell Ethereum (SWETH) $ 3,284.59
  • usdbUSDB (USDB) $ 0.994244
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,318.42
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.150649
  • justJUST (JST) $ 0.039093
  • lorenzo-wrapped-bitcoinLorenzo Wrapped Bitcoin (ENZOBTC) $ 90,454.00
  • basic-attention-tokenBasic Attention (BAT) $ 0.257684
  • apenftAINFT (NFT) $ 0.00000039
  • dogwifcoindogwifhat (WIF) $ 0.383124
  • flowFlow (FLOW) $ 0.235175
  • benqi-liquid-staked-avaxBENQI Liquid Staked AVAX (SAVAX) $ 18.51
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 90,998.00
  • jasmycoinJasmyCoin (JASMY) $ 0.007562
  • galaGALA (GALA) $ 0.007904
  • theta-tokenTheta Network (THETA) $ 0.366384
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,002.41
  • olympusOlympus (OHM) $ 21.80

Solana Overtakes Ethereum for Large Transfers Among Broker-Dealers

0 109

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.