Solana’s stablecoin market cap has hit a new all-time high of $12.73 billion, according to data from DefiLlama, setting a record for the network as demand for digital dollars continues to grow.
The increase reflects strong momentum within the broader stablecoin market, which has now surpassed $233 billion in total value.
Meanwhile, the Sui blockchain is also gaining attention after its stablecoin supply rose to $800 million. In the past 24 hours alone, $60 million in stablecoins were added to the network. This sharp increase highlights rising activity and liquidity on the platform.