Stablecoin supply on Ethereum (Ethn) Rival Solana (GROUND) has increased in the past two weeks after the deployment of President Donald Trump’s official Trump (ASSET) Samecoin, according to the CCData Crypto search firm.
Ccdata note in a new report The fact that Solana’s stable supplies have been torn 73.6% since January 18, the day after the launch of Trump’s play.
Trump has led to massive capital entries and a commercial decentralized scholarship activity (DEX) on Solana, which led to an increase in the Stablecoin offer, according to the research firm.
The Stablecoin on Solana offer jumped by a total of 112% in January to reach a new summit of $ 11.1 billion. The total market capitalization of stoves in all channels also jumped 5.68% last month to $ 215 billion.
January represented the 16th consecutive month of growth of Stablescoin, according to CCData. However, the best stablecoin by market capitalization, USDTLost market share, with its dominance level from 67.5% to 64.9% last month.
Soil is negotiated at $ 229.24 at the time of the editorial staff. The cryptographic asset classified fifth by market capitalization is down almost 4% in the last 24 hours and more than 11% in last week, although it remains almost 18% in the last 30 days.
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