# SOL Ecosystem Stablecoin Market Cap Breaks Through, Surpasses BNB Chain to Rise to Third Tier



According to the latest research data, Solana's stablecoin network size is expanding rapidly. By mid-2025, the market cap of stablecoins on the SOL chain is expected to reach approximately $10.9 billion, enough to surpass BNB Chain's $10.5 billion and officially become the third-largest stablecoin settlement network globally.

The top two positions are firmly held by Ethereum (over $126 billion) and Tron (over $81 billion), but Solana's upward momentum is evident.

Why can SOL rise so quickly? On one hand, the use cases for on-chain stablecoins are indeed expanding—DeFi lending, exchanges, payment applications—all are absorbing increasing amounts of USDC, USDT. On the other hand, Solana's own advantages are also clear: low transaction fees and fast confirmation speeds, which improve the user experience for stablecoin transactions.

In comparison, the stablecoin supply on Base chain is about $4.2 billion, with stable growth but still not catching up with SOL's momentum. This shift in the market reflects a major trend—high-performance, scalable public chains are attracting more stablecoin deployment and liquidity.

It is worth noting that Solana's growth is not solely due to capital speculation; actual on-chain transactions and application activity are also increasing in tandem. This suggests that SOL is poised to become an important player in global stablecoins and payment settlement by 2026.
SOL0.2%
BNB0.84%
ETH0.57%
TRX0.59%
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FrogInTheWellvip
· 01-06 04:20
Sol really took off this time, now BNB has to rely on it. Sol's speed is really impressive... Low fees are definitely the killer feature, and it really feels like more transactions in DeFi. Wait, is this number from TRON real? 81 billion? If Sol continues this momentum, 2026 is really possible.
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BlockchainGrillervip
· 01-05 20:17
This wave of SOL is really not hype; transaction fees are confirmed quickly at bargain prices. No wonder stablecoins are piling up here.
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NFTFreezervip
· 01-03 23:38
This wave of SOL is really stable, not just hype; on-chain activity is the real indicator.
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QuorumVotervip
· 01-03 04:54
SOL's recent performance is indeed impressive. Low fees and fast confirmations are natural advantages. The stablecoin market surpassing 10 billion is just the beginning.
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LayoffMinervip
· 01-03 04:52
This wave of SOL really took off; low fees and fast speeds truly make it competitive.
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NFT_Therapy_Groupvip
· 01-03 04:31
I'm impressed with how fast SOL is, but can 10.9 billion really stay stable? It still seems to depend on the use case.
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