cryptd.in

另类 LinkedIn 适合加密人才

Solana Stablecoin Market Cap Surpasses $10B Milestone

Solana, the second-largest blockchain by Total Value Locked (TVL), has seen its ecosystem grow exponentially, driven by a rapid increase in the market value of its stablecoins.

Data from the decentralized finance (DeFi) analytics platform DefiLlama shows that the network’s stablecoin market cap had reached $10.7 billion at the time of writing.

Breaking Records

Previously, the highest collective value of all the stablecoins on Solana was about $6.259 billion, achieved in June 2022. Between December 2022 and January 2024, the metric stayed below the $2 billion level, as the blockchain’s biggest rival, Ethereum, enjoyed figures as high as $101 billion.

In that period, Justin Sun’s Tron also registered a higher market cap for its stablecoins, going from $31 billion in June 2022 to nearly $50 billion at the beginning of 2024.

While the two networks have maintained dominance, Solana’s recent growth is remarkable. In the last seven days, Ethereum and Tron’s stablecoin values went up by slightly more than 1%. Meanwhile, Anatoly Yakovenko’s platform skyrocketed by a massive 77.45%, going past the $10 billion mark and setting a new record in the process.

The blockchain’s technical capabilities are also being tested. It reportedly processes about 350 million transactions daily, generating $50 million in fees, which, when annualized, amount to $19.4 billion.

Unlike Tron and Ethereum, where the most dominant stablecoin is Tether, at 98.3% and 56.3%, respectively, Solana’s biggest stablecoin is USDC, representing 77.2% of the market cap. The ecosystem saw $3.75 billion worth of the token issued over the past week, bringing its total to $8.26 billion.

The value of USDT on the network is just slightly below $2 billion, with PayPal’s PYUSD a distant third at $150 million.

Meme Coin Mania Behind Solana’s Performance

According to analysts, the surge was driven primarily by meme coin trading pairs using USDC and USDT. It coincided with the launch of two tokens on the blockchain, one by U.S. President Donald Trump and another by First Lady Melania.

The Official Trump (TRUMP) coin was the talk of the town last weekend, reaching an eye-watering market cap of $15 billion and momentarily eclipsing Pepe and Shiba Inu to become the second-largest meme coin in the market. However, the introduction of Melania Meme (MELANIA) rained on TRUMP’s parade, causing the President’s token to lose half its value in just a few hours.

Right now, TRUMP is trading around the $36 level, with its $7.25 billion market cap placing it as the 29th largest cryptocurrency in the market. The other token is down 24% in the last 24 hours and is currently changing hands at $2.79.

Incidentally, the frenzy accompanying the launch of the two meme coins pushed SOL’s price by 18%, helping it reach a new all-time high of $270.

职位 Solana Stablecoin Market Cap Surpasses $10B Milestone 首次出现在 加密土豆.


评论

发表回复

您的邮箱地址不会被公开。 必填项已用 * 标注

最新信息

热门类别

搜索网站

热门故事

标签

#AlexeyPertsev (1) #BidenCryptoBan (1) #BidenElection (1) #BinanceVsCoinbase (1) #Bitcoin (402) #BitcoinETF (3) #itcoinFundamentals (1) # 比特币处理 (1) # 比特币价格 (5) # 比特币价格水平 (1) #BitcoinPump (1) #BitcoinReserve (1) #BitcoinSurge (1) #itcoinTop (1) #Bitfinex (1) #Bitwise (1) #BracebridgeCapital (1) #BRC20Tokens (1) #BTC 收购 (1) 1TP5 看涨预测 (1) #BullishSentiment (1) #C 中国矿业 (1) #CPIPreview (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #CryptoMania (1) #CryptoMarket (4) #CryptoPrediction (1) #CryptoPredictions (1) #CryptoRegulation (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty (1) #DerivativeJump (1) #Dogecoin (72) #ogecoinGains (1) #ogecoinVolume (1) #DutchCourt (2) #ECommerce (1) #El萨尔瓦多比特币 (1) #E以太坊 (65) #EthereumPain (1) #E以太坊价格 (1) #ExpertOpinion (1) #FedRateCut (1) #FiatCurrency (1) #F 财务影响 (1) #F 财务隐私 (1) #FirmShutdown (1) #FrozenAccounts (1) #IllicitFunds (1) #InflationData (1) #Investment (1) #InvestmentLoss (1) #JapaneseFirm (1) #L LegalAction (1) #L 法律影响 (1) #Legislation (1) #LightningNetwork (1) #M 市场分析 (3) #M 市场监测 (1) #M 市场预测 (1) #M 市场预测 (1) #M 市场投影 (1) #M 市场支持 (1) #M 市场波动性 (1) #M 婚姻 (1) #MemeCoin (5) #MemeCoins (2) #Miner 盈利能力 (1) #M 洗钱 (2) #MtGox (4) #朝鲜加密货币 (1) #诺沃格拉茨预测 (1) 1TP5价格里程碑 (1) #P 价格预测 (2) 1TP5价格问题 (1) #PriceSurge (1) #PrisonSentence (1) # 量化分析 (1) #R 监管压力 (1) #SECA Anti-Crypto (1) #ShibaInu (5) #SocialBuzz (1) #T 技术分析 (1) #Toncoin (3) #T 龙卷风现金 (3) #T 龙卷风现金发展项目 (1) #T 龙卷风现金开发者 (1) #UKCrypto (1) #UpsidePotential (1) #USCongress (1) #WyomingLand (1) #XRPPrice (1) #XRPupswing (1)

实用链接

我发现了一些有用的链接,希望与大家分享。