Summary
- It was announced that the market capitalization of Solana-based stablecoins has surpassed $10 billion for the first time.
- Solana DeFi TVL has also reached $11.8 billion, setting a new record.
- Solana is trading at $254.40 on the Binance USDT market, up 6.31% from 24 hours ago.
The market capitalization of Solana (SOL)-based stablecoins and the Total Value Locked (TVL) in decentralized finance (DeFi) on Solana have reached all-time highs.
On the 21st (local time), SolanaFloor announced on X that "the market cap of Solana-based stablecoins has surpassed $10 billion for the first time," and "Solana DeFi TVL has also reached $11.8 billion, setting a new record."
Meanwhile, the market cap of Solana-based stablecoins has surged by 69.46% over the past seven days.
As of 7:51 PM, Solana is trading at $254.40 on the Binance USDT market, up 6.31% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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