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Cryptocurrency News Articles
Solana (SOL) Price Prediction – Can the $6B Expansion Push SOL 10x?
Feb 12, 2025 at 05:45 am
Solana's network is expanding quickly, with stablecoin issuer Circle minting another 250 million USDC on the blockchain
Solana network expands rapidly as Circle mints another 250 million USDC, pushing total to $6 billion this year.
Solana stablecoin supply surged 112% in January, hitting record $11.1 billion.
With liquidity soaring, SOL price could see 10x in 2025.
Solana price analysis: 250 million USDC minted on Solana by Circle, expanding total to $6 billion this year
Solana network is expanding quickly. According to Spot On Chain data, stablecoin issuer Circle has just minted another 250 million USDC on the blockchain. This brings the total USDC minted on Solana in 2025 to $6 billion, and 1.25 billion in the past week alone.
This surge signals strong capital inflows, reinforcing Solana’s growing dominance in the entire field.
Solana stablecoin supply jumped 112% in January, reaching record $11.1 billion
Stablecoin supply on Solana jumped 112% in January, reaching a record $11.1 billion. Notably, USDC remains the top stablecoin on the network, with a 77% market share.
Since bottoming out in November 2022, Solana has outperformed Bitcoin and Ethereum in both price gains and capital inflows, benefiting from sustained liquidity growth.
Solana price analysis: SOL price could see 10x in 2025 if momentum continues
With rising adoption and increasing liquidity, SOL is set for a huge rally. If this momentum continues, a 10x move isn’t out of the question, especially if demand for Solana-based assets keeps climbing.
However, market conditions and resistance levels will ultimately determine how high SOL can go.
Solana price analysis: Key points to consider before joining any crypto venture
Please remember that this article is purely informational and not financial advice. Any and all cryptocurrencies are volatile, with prices prone to rapid changes. Always do your own research and consult an expert before joining any crypto venture.
We are not liable for any outcomes based on the information in this article. Statements about the future entail risks and may not reflect updates.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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