Data from Cointelegraph reveals that Solana’s stablecoin supply surged significantly in 2025, reaching a new all-time high of $13 billion. This increase is attributed to the growth of decentralized finance (DeFi) within the ecosystem, where stablecoins are crucial for driving liquidity and demand for SOL, Solana’s native token. USDC remains the preferred stablecoin for Solana users, holding nearly 77% of the market share. Historical analysis shows a strong correlation between increased stablecoin inflows and SOL price rallies: a 230% rise in SOL prices between December 2023 and August 2024 coincided with a 160% increase in stablecoin inflows. Furthermore, Solana’s total value locked (TVL) has grown remarkably, increasing from $6.1 billion on April 9th to $7.65 billion by May 6th, representing a 25% increase within just one month. This makes Solana the second-largest blockchain in terms of TVL and the leader in decentralized exchange (DEX) volumes. The network’s daily transaction count has climbed by 25% over the past month, reaching 57.77 million transactions. Solana boasts a commanding 27.7% market share within DEX volumes, surpassing competitors like Ethereum and BNB Chain with 18% each. Additionally, stablecoin inflows have fueled growth on platforms such as Sanctum (a liquid staking application), Jito, and Kamino, experiencing robust growth rates of 44%, 25%, respectively. The price of SOL has formed a bullish chart pattern called a