سولانا سٹیبل کوائن کی منتقلی کا حجم جنوری میں ریکارڈ 300 بلین ڈالر تک پہنچ گیا - بے چین

Blockchain data shows that stablecoin transfer volume on Solana this month stands at $316 billion, marking a 2,500% increase from the same period last year.

Layer 1 blockchain Solana has seen an uptick in activity of late, with stablecoin transfer volumes in particular surging to a record monthly high. 

Data from blockchain analytics platform Artemis شو that Solana stablecoin transfer volume for January currently sits at around $316 billion, second only to Ethereum’s $328 billion. 

🚨 BREAKING BIG: Solana surpasses $300 billion in monthly stablecoin transfer volume – an all time high. pic.twitter.com/HJpp7xMql2

- سولانا فلور | تقویت یافتہ بذریعہ سٹیپ فنانس (@SolanaFloor) جنوری۳۱، ۲۰۱۹

Solana’s stablecoin transfer volume has grown by 2,500% since the $11.56 billion recorded in January 2023. The drastic surge in volume began in early December around the time of the JTO airdrop, after which Solana پلٹ گئی Ethereum in decentralized exchange and NFT daily trading volume. 

Some of the reasons driving these high transfer volumes include the increasing use of the USDC stablecoin and Paxos’ regulated stablecoin USDP on the Solana blockchain. The network has also made a comeback in the realm of decentralized finance (DeFi), with the total value locked (TVL) on Solana بڑھتی ہوئی to $1.37 billion at the time of writing. 

Solana now accounts for 32% of all stablecoin volume, while Ethereum accounts for 33%. For context, Solana’s dominance has seen a major leap from a year ago, when it accounted for just 1% of the market.

Meanwhile, although Solana’s native token SOL has posted an impressive 260% gain over the last year, its price has been under pressure for the better part of a month. 

Market participants have attributed this decline to bankrupt crypto exchange FTX, which has been liquidating part of its $4.2 billion SOL holdings.