$ 11 billion in capitalization: Solana has dazzling growth on the Stablecoins market

Solana continues records and leaves competition on site. With a spectacular rise, this blockchain with excessive ambitions is essential in the crypto landscape. Latest feat to date: its insolent domination on the Stablecoins market, a real master stroke that upsets established leaders. But behind this success hides an unexpected frenzy, that of the same. Decryption.

Runners preceded by the one who has a Solana combination

Solana shines in the universe of stablecoins

Solana news: its Stablecoins market has reached a historic CAP: $ 11.06 billion. A dazzling ascent marked by overwhelming domination of the USDCwhich represents 77.9 % of this value, or 8.26 billion dollars.

As a comparison, Tether, undisputed king at Ethereum and Tron, remains a minority in Solana, with less than 2 billion.

STABLE STABLE COMPANY-SOLANASTABLE STABLE COMPANY-SOLANA
Statistics on Solana (Stablecoins, dominated USDC, etc.) – Source: Defillama

But how this blockchain, which vegetated Under the 2 billion until 2024did she suddenly explode? In a word: the same. The introduction of Trump and Melania pieces generated a trading frenzy.

The Trump room, carried at arm's length by a fiery community, briefly reached a 15 billion summit before dropped to 7.25 billion. As for Melania, she caused her fans to be disillusioned with a fall of 24 % in 24 hours.

Some impressive figures:

  • 350 million daily transactions;
  • $ 50 million in fees generated every day;
  • 19.4 billion dollars annulized in transaction income.

According to Terminal Token:

“” Few costs, high flow and high use = good deals. »»

A formula that seems to be tailor -made for Solana.

A crypto market upset by the momentum of Solana

While Tron and Ethereum are struggling to exceed 1 % weekly growth in their stablecoins, Solana jumped 77.45 % in a weekpulverizing all forecasts. This spectacular growth is based on A cutting -edge technologycapable of managing a colossal volume of transactions with ridiculously low costs.

This performance does not go unnoticed. “” Ath for the supply of stablecoins Solana accelerates », Enthuses Solana's official account on X. And for good reason: the ecosystem attracts More and more usersseduced by its speed and reduced costs.

But beware, the crypto market remains volatile. The same who have worn Solana at the top can also cause turbulence. There fierce competition between Trump and Melania This is an example: this unexpected duel has boosted the visibility of blockchain while emphasizing the risks of excessive dependence on this type of speculative assets.

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In early 2024, Solana crossed the 5 billion TVL in Stablecoins, a record. In December alone, the Crypto Sol has generated $ 1 billion. One thing is certain: Solana continues to surprise and redraw the contours of the Crypto market.

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