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Circle mints $3.75B USDC on Solana, boosting liquidity and potential price gains for October 2026.

Protocol Fundamentals
19 Oct 2026
Crypto Briefing
View Source
Bullish
Circle mints $3.75B USDC on Solana, boosting liquidity and potential price gains for October 2026.

Circle has minted approximately 3.75 billion USDC on the Solana blockchain in the past week, significantly increasing USDC liquidity on the platform. Solana currently holds about $7.3 billion in USDC, representing 10% of the total supply, underscoring its role in stablecoin activity and decentralized finance. This liquidity boost may support a rise in Solana's price, with market watchers also eyeing regulatory decisions and the upcoming Alpenglow upgrade as key factors influencing future price movements. Investors will be watching for further USDC minting and technological or regulatory developments that could push Solana's price toward $190 by October 2026.

As of Oct 19, 2026 16:51 WIB, Solana trades at Rp1.901.993 with a 1-day gain of 2.00% on Pluang. USDC is priced at Rp18.006, up 0.53% in the same period, showing steady demand. Pluang data shows a balanced market interest in Solana with 48% buy orders and a typical holding period of 71 days, indicating moderate investor confidence amid recent USDC minting activity.

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