Hey there, crypto enthusiasts! If you’re keeping an eye on the blockchain world, you’ve probably heard the buzz around the latest insights from Medici Network. They recently asked top venture capitalists (VCs) to pinpoint the most important chart in crypto right now, and the results are fascinating. Posted on July 11, 2025, this thread dives deep into trends shaping the future of digital assets. Let’s break it down in a way that’s easy to digest, even if you’re new to the space.

Why This Chart Matters

The thread kicks off with a provocative question: what’s the one chart that could define crypto’s trajectory? Medici Network gathered opinions from heavyweights like Pantera Capital, Lattice Fund, and Maven11 Capital. The first standout is a chart from Artemis, shared by Vera Duttakit of Pantera Capital, showing stablecoin payments by type. This chart tracks the growth of stablecoin transactions from $1.9 billion to $6 billion over two years. What’s wild? Business-to-business (B2B) payments skyrocketed from $119.7 million to $3 billion, with big names like Uber exploring stablecoins to cut currency costs.

Stablecoins, for those unfamiliar, are cryptocurrencies pegged to assets like the US dollar to reduce volatility. This growth signals a shift—crypto isn’t just for traders anymore; it’s becoming a tool for global finance. Pantera highlights that B2B clients, who move large sums frequently, are less sensitive to price changes, making this a profitable niche.

Solana’s Quiet Struggle

Next up, Regan Bozman from Lattice Fund points to Solana’s network revenue (REV). Despite being a fan favorite, Solana’s key metrics have looped back to summer 2024 levels. This raises a flag: Solana might need a game-changer, like a new app or a wealth-boosting airdrop (think Pump airdrop vibes), to reignite momentum. It’s a reminder that even top blockchains need fresh innovation to stay relevant.

Maple Finance Steals the Spotlight

Then there’s the chart from Token Terminal, shared by Maven11 Capital, showing Maple Finance overtaking BlackRock’s BUIDL fund in assets under management (AUM). Maple added a whopping $2 billion in Q2 2025 alone, thanks to its Bitcoin yield strategies and stablecoin management. This hybrid approach—blending on-chain tech with traditional finance—has institutions flocking to Maple. If you’re curious, check out the Level Up podcast episode featuring Maple’s co-founder Sid Powell for the juicy details.

Ethena’s Smart Moves

Finally, Tangelo from Finality Capital sheds light on Ethena’s collateral strategy. Launched in 2024 with all-ETH backing, Ethena now mixes in Bitcoin, Solana, and stables. As funding rates cooled in 2025, it shifted over 70% of its collateral to stables by April, now settling at ~48%. This flexibility—harvesting high yields when rates spike and pivoting to stables when needed—shows how adaptive DeFi projects can be.

What Does This Mean for Crypto?

These charts paint a picture of a maturing crypto ecosystem. Stablecoins are bridging traditional and digital finance, Solana faces a crossroads, Maple’s rise hints at institutional adoption, and Ethena’s strategy showcases DeFi’s evolution. For meme token fans at Meme Insider, this underscores how broader blockchain trends can influence even the wild world of meme coins. As we head into Q4 2025, keep an eye on these signals—they might just predict the next big move.

Got thoughts on which chart tops the list? Drop them in the comments, and let’s chat about where crypto’s headed next!