💵 Stablecoins are the fuel: $ARB's on-chain stablecoin market cap just grew $43.6M in 24 hours. Fresh liquidity entering crypto is what a bottom needs — and $BTC is holding $75,000 while it arrives. Support: $75,000 then $74,900. Resistance: $76,371 then $79,000. If the inflows keep coming, does the weekend break up? 👇 #BTC #Bitcoin #Crypto
Techflow
Arbitrum: On-chain stablecoin market cap increased by $43.6 million in 24 hours
According to TechFlow on November 6, the Arbitrum project team disclosed that Token Terminal data shows the market value of stablecoins on the Arbitrum chain increased by $43.6 million in the 24 hours prior to the statistical point, ranking first among the listed public chains. During the same period, the market values of stablecoins on TRON, XRP Ledger, and Aptos increased by $28.3 million, $26.2 million, and $22.5 million respectively.
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