Solana (floor), the layer 1 blockchain designed for high -speed and low cost transactions, was at the center of a commercial frenzy with the stablecoin offer from Donald Trump to the stablecoin offer on the network to A new record.
The total stablecoin on Solana offer increased to $ 10.5 billion, dubbing since the beginning of January, according to the Artemis data source. The Circle USDC led to an increase in the overtaking of $ 8 billion in total Solana, adding more than $ 4 billion this month, while the Tether USDT increased to $ 2 billion against $ 917 million, by Artemis. Stablecoins are a key element of infrastructure in the economy of cryptography, serving as a popular liquidity source for cryptographic trading.
Solana and its built -in integrated protocol ecosystem have become an animated hub for trading and the launch of tokens in fast -growing cryptographic sectors such as same and Crypto AI agents.
The growth of the liquidity of the stables of the network has been stable in recent months, while the digital asset markets have rejuvenated with the electoral victory of the friendly Trump, but it skyrocketed with the launch of Trump Coin on the 17th January, the “official” even linked to the American president. Released on Solana, the token collected a massive exchange volume through decentralized scholarships, stimulating the activity of transactions and liquidity inputs to the network.
Before the token was registered on popular centralized exchanges like Binance and Coinbase, the trade with the Trump room was available for the first time on decentralized Exchange (DEX) Meteora associated with the USDC Stablecoin, David Duong and David Han de Coinbase Institutional Research, noted in a Friday report in a report on Friday. That said, fast moving merchants had to acquire USDC first to buy the part, which led USDC entries to the network.
In addition to the growth of the stablescoin, the volume of negotiation on decentralized scholarships based in Solana (DEX) has also skyrocketed to record heights of more than 25 billion dollars per day, running 74% of the volume of trading Dex on All blockchains indicates the report.
“Narcotic figures,” said Sean Farrell, manager of digital asset research at Fundstrat, in a post.
Increased activity has been reflected in the price of the Solana native token (soil), displaying the biggest gain throughout this week with 20% among the members of the Coindesk 20 index of the broad market, surprisingly surprising 2% Bitcoin (BTC).
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While the USDC and the USDT of Tether dominate the Stablescoin on Solana market – as they do in the landscape of wider cryptography – there are an increasing number of emerging transmitters that have recently extended to blockchain , noted Tom Wan, data manager at Entropy Advisors.
Last week, First Digital, based in Hong Kong, added a native support on Solana for its $ 1.8 billion in Stablecoin on Fdusd Fiat. DEFI Lending Behemoth Sky, formerly Makerdao, also brought its stablecoin USDS performance generator in November.