- Solana’s market share jumped to nearly 32% this month, compared to just 1.17% a year ago.
- SOL continued its slide, losing 5.46% of its value over the week.
Solana [SOL] was slowly emerging as the go-to chain for stablecoins.
According to AMBCrypto’s analysis of Artemis data, the monthly stablecoin transfer volume on Solana reached a record high of $316 billion this month.
This also marked the fourth straight month of growth in the aggregate value of stablecoins transferred on-chain.
Solana surpasses Tron for the first time
The transfer volume on Solana increased by 6% from the previous month, surpassing that of
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Author: Aniket Verma
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