Summary
- Solana's stablecoin supply surged by 112%.
- This is analyzed to be due to the launch of the meme coin TRUMP, which increased network inflow.
- The surge in Solana's stablecoin is attracting attention from investors.
On the 31st (local time), cryptocurrency specialist media CoinDesk, citing data from cryptocurrency research firm CCData, announced that "the stablecoin supply of Solana (SOL) in January surged by 112% to a record high of $11.1 billion."
This trend coincided with the launch of the meme coin Official Trump (TRUMP) by U.S. President Donald Trump, which subsequently led to a sharp increase in network inflow.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
