Circle minted $3.5 billion worth of USDC stablecoins on the Solana blockchain in one week, including a single $1 billion transaction on June 16. This surge pushes total USDC issuance on Solana past $64 billion for 2026, highlighting growing institutional interest and demand for Solana's low-fee, high-speed stablecoin infrastructure. Partnerships with custodial banks like BNY Mellon support this institutional activity, suggesting Solana is becoming a key network for large-scale stablecoin operations. Increased USDC liquidity benefits Solana holders by boosting transaction fees and DeFi activity, marking a shift toward real economic use cases over speculative trading.
Solana's futures trading volume has surged over 100% on major exchanges like Binance and OKX, yet its price remains steady near $75.30. This disconnect suggests increased speculative activity without strong buying demand, while a high ratio of long p...
Bitcoin stabilized above $63,000, gaining 0.8% amid a rebound in U.S. equities, with Nasdaq futures hitting a high since early July. However, U.S. spot Bitcoin ETFs saw $390 million in net outflows last week, marking the largest withdrawal in six wee...
Solana (SOL) is trading near $75, maintaining support above the crucial $60-$62 zone after a significant decline from its $253 peak. The recent Alpenglow upgrade, which drastically reduces transaction finality times, has been approved by over 98% of ...
Solana (SOL) saw its futures trading volume more than double across major exchanges, including Binance and OKX, yet its price remained nearly unchanged around $75.30. This surge in trading activity, combined with a strong long bias in positions, sugg...
Michael Egorov, founder of Curve Finance, harshly criticized Solana's Pump.fun platform, calling it a "casino of scams" due to its memecoin culture. He also pointed out that Phantom wallet's hardware wallet integration is inferior to Ethereum's Metam...
