Base has notched a new record stablecoin volume, temporarily beating out Solana, Ethereum, and Tron for the top spot.
The Coinbase-developed Ethereum layer-2 network Base was briefly the number one blockchain for stablecoin volume on the same day it hit a new all-time-high transaction count.
Notching a record market share of stablecoin volume on Oct. 26, Base accounted for 30.06% of all stablecoin volume, beating out other chains, including Solana, Ethereum, and Tron, for the number one spot, according to data from Artemis Terminal, cited by Peter Schroder in an Oct. 27 post to X.
Base accounted for 30% of all stablecoin volume on Oct. 26. Source: Artemis
