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“Solana Surges as Stablecoin Boom Fuels Breakout Month”🚨

Solana ($SOL) climbed more than 7% in the past 24 hours, pushing back above the $90 level as a broader crypto rally gained steam. But behind the price move is what analysts are calling a “breakout month” for stablecoins on the network.

Stablecoin transaction volume on Solana hit a record $650 billion last month — more than double its previous high — and the highest of any blockchain during the period, according to a research note from Grayscale Investments Head of Research Zach Pandl.

“Stablecoins are one of the megatrends driving adoption of blockchain technology, and Solana is well positioned to compete in this category,” Pandl wrote.

Supply growth reinforces that narrative. Data from DefiLlama shows stablecoin supply on Solana has surged to $15.4 billion, up sharply from $5.1 billion at the start of 2025 — a nearly threefold increase in just months.

The token’s latest rally has outpaced major peers including Bitcoin, Ethereum, and Dogecoin, according to pricing data from CoinGecko.

Looking further ahead, Standard Chartered projects Solana could reach $250 by the end of 2026, citing a shift in activity from meme coins toward stablecoin trading pairs and the potential rise of AI-driven micropayments on the network.

Still, the outlook remains volatile. Prediction market data indicates traders see a 68% chance of Solana falling below $60 in 2026, while also pricing in a 48% probability it climbs above $150 — highlighting just how wide the range of expectations remains.

For now, Solana’s stablecoin momentum is reshaping the narrative — positioning the network as a serious contender in one of crypto’s fastest-growing sectors.