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Odaily Planet Daily reports that according to Lookonchain monitoring, in the past 7 days, 1.1 billion stablecoins (USDTUSDC) have been issued on the Ethereum main network, while 772 million stablecoins (USDTUSDC) have been destroyed on the Solana chain.

Odaily Planet Daily reports that QCP has released a daily report stating that as the market continues to consolidate sideways, BTC's market dominance has risen to about 60%, close to its highest point in four years, while ETH and other altcoins continue to perform poorly. The LIBRA "harvesting leeks" scandal that occurred last weekend, involving Argentine President Milaie, is not a good sign for those involved in similar projects or expecting an Altcoin/Meme coin season. As BTC stabilizes back into the middle of the range, implied volatility continues to decline, which is not surprising as the actual volatility over 7 days has decreased. In the absence of significant cryptocurrency-specific catalysts, price trends seem more driven by macroeconomic factors, especially with BTC's correlation with US stock markets remaining stable. Despite facing macro uncertainties (tariffs, debt ceilings, inflation etc.) and Trump's unpredictability, cryptocurrency implied volatility and VIX are still trading at low levels. BTC seems relatively unaffected by recent macro data and after expiring at the end of January there hasn't been a significant recovery in open interest (OI). This suggests that the cryptocurrency options market is waiting off-market for specific policy changes rather than just supporting rhetoric for cryptocurrencies. Current volatility levels are similar to those during Q2-Q3 last year when BTC had difficulty breaking through multiple month ranges. Instead most capital flows are concentrated on short-term option selling or attempting range trades rather than positioning for major breakouts.