The volume of stablecoin transactions on the Solana (SOL) blockchain has grown more than 25x in a year.
According to information provided by cryptocurrency data platform Artemis, the monthly volume of stablecoin transactions on the Solana network was to 322 billion dollars rose up.
The volume of stablecoin transactions on the Solana blockchain on a monthly basis at the beginning of last year $11.5 billion was at the level.
Last month, 33.2% of transactions with stablecoins were Ethereum; 31.8% were done on Solana blockchains and 25.1% were done on Tron blockchains. The most preferred stablecoin on the Solana network, USDC happened.
The dollar value of stablecoin transactions on the Ethereum network has fallen 42% year-on-year.
All month long in Solana More than 120 million stablecoins While the transaction was carried out, their average value was announced as approximately 2 thousand 380 dollars.