Solana’s Stablecoin Market Hits Record $11 Billion as Ecosystem Dominates Blockchain Landscape

Solana’s Stablecoin Market Hits Record $11 Billion as Ecosystem Dominates Blockchain Landscape

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Source: TheMerkle.com

Solana is progressing well in the blockchain space that’s affiliated with cryptocurrency. Now, the total amount of stablecoins on Solana has surpassed $11 billion—a new all-time high—indicating remarkable growth and adoption for the ecosystem.

The blockchain also recorded about $1 billion in DEX trading volume last month, giving it more than a 20% share of the overall DEX space. Best of all, the blockchain’s native token, $SOL, is showing a

Read More https://themerkle.com/solanas-stablecoin-market-hits-record-11-billion-as-ecosystem-dominates-blockchain-landscape/

The post "Solana’s Stablecoin Market Hits Record $11 Billion as Ecosystem Dominates Blockchain Landscape" appeared first here TheMerkle.com.

Source: TheMerkle.com

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