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 price stabilizes around $74 amid declining decentralized exchange trading but rising stablecoin payments and tokenized asset volumes. The network sees growing adoption in consumer payments and institutional access, with Solana-based stableco...
Solana is currently testing a key support level near $75, which could lead to a recovery toward $80-$84 if held. Analysts highlight a potential long-term bullish cup-and-handle pattern forming since 2021, with a speculative target of $1,000 if multip...
Solana's stablecoin payments surged to a record $94 million, capturing 21% of the stablecoin payment market, driven by growing real-world adoption and institutional use. Meanwhile, spot Solana ETFs surpassed $1 billion in assets, though recent flows ...
In May, Solana blockchain saw a record $94.32 million in crypto card top-ups, marking its strongest performance in consumer payments. This surge highlights growing real-world use of Solana beyond trading, with cards from providers like KAST and Redot...
Ethereum spot ETFs attracted $103.9 million in net inflows last week, continuing strong institutional demand despite market volatility. In contrast, Bitcoin ETFs saw a sharp decline in weekly inflows to $33.79 million after heavy outflows midweek, wi...
