Growth
Ethena Takes Top Spot in 24-Hour Stablecoin Market Capitalization Growth
Ethena has taken the top spot in the 24-hour stablecoin market capitalization growth, adding $337.4 million to its total market cap within 24 hours. This marks a significant shift from the previous day, when Ripple led the sector with a $34.7 million increase. Ethena's growth of $39.6 million is about 8.5 times that of Ripple's. Other stablecoin issuers also recorded increases, but their gains were smaller.