TechFlow news, according to Cointelegraph, Artemis data shows that stablecoin transfer volume on Solana exceeded $300 billion in January, surpassing the $297 billion recorded in December last year. Additionally, the stablecoin transfer volume on Solana so far in January reached $303 billion, representing a 2,520% increase compared to the $11.56 billion in January 2023. Solana's market share of stablecoin activity is now approaching 32%, a significant rise from its 1.2% share a year ago. Stablecoin activity on Solana has been recovering since October and has since grown steadily by 650%.
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