Solana’s Stablecoin Surge: Reaching $12.5 Billion, Ranking as Top Growing Blockchain

The Solana blockchain saw a dramatic surge in stablecoin supply during the first quarter of 2025, with a 146% increase to reach $12.5 billion. This rapid growth places Solana fifth among fastest-growing networks based on stablecoin volume. This growth is attributed to the network’s increasing trust and its appeal for stablecoin-based transactions and decentralized finance (DeFi) activities.