Date: 2025-05-06
Key takeaways:Solana’s stablecoin supply rose by 156% in 2025, to hit a new record at $12 billion.Solana’s TVL grew by 25% to $7.65 billion, with 27.7% decentralized exchange volume share, leading Ethereum and BNB Chain.SOL price formed a bull flag, with a price target at $220.Solana’s native token, SOL (SOL) failed to maintain its bullish momentum after reaching $156 on April 25, but an assortment of data points suggests that the altcoin’s upside is not over.SOL stablecoin market cap hits $13 billionSolana’s stablecoin supply has skyrocketed by 156% in 2025, surging past $13 billion to hit a new all-time high.Stablecoins on Solana recently surged past $13B in issuance, setting a new ATH@calilyliu on why Solana is purpose-built for moving d...
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