Solana Stablecoin Market Cap Surges to $10 Billion Amid Memecoin Boom

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The Solana blockchain has hit a major milestone, with its stablecoin market cap reaching an all-time high of $10 billion, representing a 69% increase over the past week. The dramatic growth has been fueled by a surge in memecoin trading activity and the network’s appeal as a scalable and efficient blockchain for decentralized finance (DeFi) and trading. 🚨BREAKING: Solana’s stablecoin market cap hits $10B for the first time, up 69% in the last 7 days pic.twitter.com/CWUwqDGFK2 — SolanaFloor (@SolanaFloor) January 22, 2025 Circle Mints $1 Billion in Stablecoin USDC in 24 Hours   A significant driver behind Solana’s record-breaking stablecoin market

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