$SOL
$SOL stablecoin's market cap doubles?
Solana's stablecoin market cap more than doubled in January, from $5.1b to $11.4b, per DefiLlama. The surge is driven by meme coin speculation, fueled by Solana-based TRUMP token. Since mid-Jan, Solana's stablecoin supply has grown over 73%, with USDC leading at $9.25b. Despite Solana's boom, Ethereum remains the leader in DeFi and stablecoin value.
