Crypto Bull Market Signal: Erc-20 Stablecoin Supply Preserves $185b...

New research put the emphasis on stablecoin supply all-time highs as a classic bullish crypto price factor despite the recent market drawdown.

Bitcoin (BTC) has retained a key bull signal despite the crypto market drawdown, new research says.

Stablecoin supply trends stay positive for crypto market growth, new research shows.

The ERC-20 stablecoin supply alone is at $185 billion.

Binance users are storing stablecoin “dry powder” for market entries.

Data from onchain analytics platform CryptoQuant confirms that the supply of stablecoins continues to circle all-time highs in November.

Crypto internal liquidity points the way to fresh growth despite recent short-term setbacks, CryptoQuant shows.

In 2025, the total stablecoin supply on Ethereum network (ERC-20) alone has reached $185 billion — a new all-time high — and continues to hover at that level this month.

“This growth is more consistent than Bitcoin’s price and directly reflects capital entering the crypto ecosystem,” contributor XWIN Research Japan commented in one of CryptoQuant’s Quicktake blog posts.

As Cointelegraph reported, crypto price performance has regularly been linked to changes in the global M2 money supply.

Source: CoinTelegraph