Stablecoin TVL on Solana Soars Over 5% as Daily Active Addresses Soar

Mar 17, 2025 12:00 pm Cryptocurrency 19

Key Takeaways:

Stablecoin TVL on Solana exceeds 5%, signaling a healthy ecosystem—outperforming much of the market.

Solana saw another record high at 4 million daily active addresses, indicating stronger user engagement.

Solana’s increasing stablecoin supply could receive a boost from anticipated regulatory change.

While many L2 platforms are going through their shares of bull and bear cycles, Solana is fast establishing itself as the go-to platform, observing massive growth in its ecosystem value and user activity. Thanks to enhanced trust and utility, Solana’s stablecoin TVL has reached a major milestone, while daily active addresses continue to surpass rival networks.

Stablecoin Growth Fuels Solana’s Impressive Rise

The TVL of stablecoins in Solana’s ecosystem has exceeded 5%, according to Anna Yuan, founder of Perena, a Solana native stablecoin infrastructure protocol, citing data from Artemis ..

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