Solana's Stablecoin Trading Volume Increases by $3.1 Billion in a Week, Reaching 4.5 Trillion Won

Source
Suehyeon Lee

Summary

  • It was reported that Solana's stablecoin trading volume increased by $3.1 billion in a week.
  • The increase in Solana's stablecoin trading volume is approximately 4.5 trillion won in Korean currency.
  • During the same period, Ethereum-based stablecoin trading volume increased by $652 million.
Image=Lookonchain
Image=Lookonchain

Recently, the stablecoin trading volume on Solana (SOL) has significantly increased over the past week.

According to the blockchain analytics firm Lookonchain on the 21st (local time), the trading volume of stablecoins such as Tether (USDT) and USD Coin (USDC) on Solana increased by $3.13 billion compared to the previous week. This is approximately a 4.5 trillion won increase in Korean currency.

Meanwhile, during the same period, the stablecoin trading volume on Ethereum (ETH) increased by $652 million (938.9 billion won).

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?