Solana Stablecoin Liquidity Nears Record $15.35B, USDC Holds Largest Share
Solana's stablecoin liquidity reached $15.35B, approaching an all-time high, with USDC representing the largest portion, according to the original data. In February, the network processed $650B in stablecoin transactions, surpassing Ethereum and TRON for the month, while derivatives open interest climbed to approximately $6B from $4.9B, reflecting over $1B in new leveraged positions with funding rates staying positive. The data also show SOL trading at $90.67, DeFi TVL at $6.94B, and daily DEX volume near $2.7B.