Capitalization of Solana Stablecoins Hits Record Highs
Solana's Growth Fueled by Stablecoin Emission
The key driver behind Solana's success in January 2025 has been the USDC emission by Circle. USDC now accounts for 80% of all stablecoins on Solana.
Since the start of the year, the value of stablecoins on the Solana network has skyrocketed by 112% — from $5.11B to $10.84B! For comparison, here are the stablecoin market caps on other networks:
Ethereum — $116.5B
TRON — $59.9B
BNB Chain — $7.03B
Base — $3.84B
Over the past week, $3.5B worth of tokens were issued on Solana, and $4B since the start of the year. This surge was fueled by hype around Trump family's meme coins.
This influx of assets has had a broader impact on the Solana ecosystem, paving the way for SOL's record-breaking climb above $270.
Experts are now predicting Solana could hit $400 within the next 2-3 months, as the market remains bullish and momentum grows.
The crypto market is buzzing with optimism — don’t miss your chance to ride this bullish wave and earn with us!
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