Solana (SOL) is the first -level blockchain designed for high -speed and low -cost transactions. It has always been at the center of trading frenzy. The record is high.
Based on the beginning of January, the total amount of stable supply on Solana has increased by 1.5 billion US dollars. Data source artemisEssence Circle’s USDC leads the total circulation of Solana more than $ 8 billion, an increase of 4 billion US dollars this month, while Tether’s USDT has increased from ARTEMIS’s $ 917 million to $ 2 billion. Stablecoins is the key part of infrastructure in the encryption economy, and is the source of liquidity of encrypted transactions.
Solana and its built -in protocol ecosystem have become a bustling hub, for transactions and emitting red cryptocurrencies, such as Memecoins and Memecoin and Encrypted AI proxyEssence
In the past few months, the liquidity of the network’s Stablecoin has increased steadily, because the digital asset market has resumed vitality with the victory of Trump, who is friendly to cryptocurrencies, but with the launch of the launch trump card Coin on January 17, the “official” commemorative was associated with the US president. The tokens issued on Solana were obtained Large transaction volume In the decentralized communication, transaction activities and liquidity flow into the network.
Before the tokens were listed on the popular concentrated exchanges such as Binance and Coinbase, they traded with Trump Coin. They first paired with USDC Stablecoin, David Duong, David Duong and David Han on the decentralized exchange. Coinbase Instificational Instrational Research, pointed out in a report on Friday. In other words, fast -growing traders first need to get USDC to buy coins, so that USDC flows into the network.
The report pointed out that in addition to the growth of Stablecoin, the transaction volume based on the Disted Exchange (DEX) based on Solana has also soared, with a daily height of more than 25 billion US dollars, accounting for 74 % of the overall DEX transaction volume of all blockchain.
FundStrat’s digital asset research leader Sean Farrell is in one X postEssence
The increase in the activity is reflected in the local token of Solana (solid) Price, the largest income this week, gets 20 % of the 20 members of the Broad Market CoinDesk, and exceeds 2 % of the Bitcoin (BTC).
Read more: Solana Bull is greater than Sol Rallying to 400 US dollars
Tom Wan, the data person in charge of the entropy consultant, said that despite the USDC and Tether’s USDT on the StableCoin market on Solana, as they are in a wider -wide encrypted environment, the head of the entropy consultant Tom Tom Tom Wan said that more and more emerging issuers have recently expanded to blockchain.
Last week, the first digital number headquartered in Hong Kong added local support to Solana, with its $ 1.8 billion FDUSD Fiat support Stablecoin. Defi Lending Behemoth Sky (formerly MakerDao) also brought the USDS Stablecoin it produced to the November network.