4. SOLANA: Stablecoin Popularity

    Stablecoins is an essential part in crypto so in this dashboard, we will take a look at how popular are stablecoins such as $USDT, $USDC and $UST are and how much does daily transactions involves either of these stablecoins in YTD.

    I used transaction count as the metrics in this query which means how many transactions involves stablecoins USDT, USDC and UST vs other tokens/assets.

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    We can see that stablecoins consists of around 18%-25% of daily transactions for this year to date. $USDC seems to still be the go-to stablecoin on Solana network and $USDT coming close. The usage of $UST also has increased from start of the year.