Solana Becomes Third-Largest Stablecoin Network, SOL Price Rally to $300 Soon?

Solana becomes the third-largest blockchain in stablecoin supply, surpassing BNB Chain. Circle’s USDC dominates Solana’s stablecoin market with a 78% share, while Tether’s USDt lags at 12%. Solana’s price has increased by 24% over the past month, with analysts optimistic about potential further growth past $300. Solana, the Ethereum Layer-1 competitor, has registered a 73%…

Read More

Ethereum Drops to 4-Year Low as Bitcoin Hits New ATH at $109K

Ethereum’s value against Bitcoin has dropped to 0.03 BTC, a 50% decline from last year, while Bitcoin surged to $109K. Solana’s meme coin craze, including Donald Trump’s official memecoin launch, has drawn investors away from Ethereum. Ethereum’s Taker Buy Sell Ratio at 0.9723 signals seller dominance, despite institutional interest from firms like World Liberty Financial….

Read More

Circle’s USDC Goes Live on Aptos to End Stablecoin Bridging

Aptos demonstrates significant ecosystem growth, with over 200 active applications and a tenfold increase in DeFi activity during the past year. The transition from bridged lzUSDC to native USDC will be gradually implemented through collaboration with LayerZero-based bridge providers. USDC’s expansion continues with 78% year-over-year circulation growth in 2024, positioning it as the fastest-growing major…

Read More