Solana’s Stablecoin Market Cap Reaches $13 Billion, Suggesting Potential for Price Rally Toward $220

The post Solana’s Stablecoin Market Cap Reaches $13 Billion, Suggesting Potential for Price Rally Toward $220 appeared on BitcoinEthereumNews.com. Solana’s recent surge in stablecoin supply highlights a transformative phase in its DeFi landscape, with implications that could extend to larger market dynamics. The growth in Solana’s total value locked (TVL) and decentralized exchange (DEX) volume underscores its competitive traction against Ethereum and BNB Chain, early indicators of a potential rally. According to industry expert data from COINOTAG, “the bullish momentum in SOL is reinforced by increasing institutional interest and strong on-chain performance.” Solana’s stablecoin market cap recently hit $13 billion, driving a promising bullish trend that may propel its price toward $220. Here’s a detailed insight. Solana’s Stablecoin Market Cap Hits $13 Billion Solana’s stablecoin supply has skyrocketed by 156% in 2025, surging past $13 billion to hit a new all-time high. This revenue boost reflects an extraordinary acceleration in adoption and utility, positioning Solana as a notable player in the stablecoin market. The surge in stablecoins on Solana indicates a strong demand for transactions processed at lightning speed, enhancing liquidity and user experience. Circle’s USDC (USDC) remains the stablecoin of choice for Solana users, commanding a remarkable 77% market share. Such dominance emphasizes the trust and preference users have in USDC within Solana’s network. Historically, increased stablecoin inflows have correlated with price rallies of SOL, exemplified by the price surge between December 2023 and August 2024, where SOL experienced a considerable increase of 230% alongside a rise in stablecoin inflows from $1.55 billion to $4.06 billion. Solana TVL and Transaction Count on the Rise Solana has recently secured its status as the second-largest blockchain in terms of total value locked (TVL) and leads the market in decentralized exchange volumes. Between April 9 and May 6, Solana’s TVL surged from $6.1 billion to $7.65 billion, a significant 25% increase in under a month. This growth signals strong user confidence…

May 7, 2025 - 06:00
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Solana’s Stablecoin Market Cap Reaches $13 Billion, Suggesting Potential for Price Rally Toward $220

The post Solana’s Stablecoin Market Cap Reaches $13 Billion, Suggesting Potential for Price Rally Toward $220 appeared on BitcoinEthereumNews.com.

Solana’s recent surge in stablecoin supply highlights a transformative phase in its DeFi landscape, with implications that could extend to larger market dynamics. The growth in Solana’s total value locked (TVL) and decentralized exchange (DEX) volume underscores its competitive traction against Ethereum and BNB Chain, early indicators of a potential rally. According to industry expert data from COINOTAG, “the bullish momentum in SOL is reinforced by increasing institutional interest and strong on-chain performance.” Solana’s stablecoin market cap recently hit $13 billion, driving a promising bullish trend that may propel its price toward $220. Here’s a detailed insight. Solana’s Stablecoin Market Cap Hits $13 Billion Solana’s stablecoin supply has skyrocketed by 156% in 2025, surging past $13 billion to hit a new all-time high. This revenue boost reflects an extraordinary acceleration in adoption and utility, positioning Solana as a notable player in the stablecoin market. The surge in stablecoins on Solana indicates a strong demand for transactions processed at lightning speed, enhancing liquidity and user experience. Circle’s USDC (USDC) remains the stablecoin of choice for Solana users, commanding a remarkable 77% market share. Such dominance emphasizes the trust and preference users have in USDC within Solana’s network. Historically, increased stablecoin inflows have correlated with price rallies of SOL, exemplified by the price surge between December 2023 and August 2024, where SOL experienced a considerable increase of 230% alongside a rise in stablecoin inflows from $1.55 billion to $4.06 billion. Solana TVL and Transaction Count on the Rise Solana has recently secured its status as the second-largest blockchain in terms of total value locked (TVL) and leads the market in decentralized exchange volumes. Between April 9 and May 6, Solana’s TVL surged from $6.1 billion to $7.65 billion, a significant 25% increase in under a month. This growth signals strong user confidence…

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