Solana stablecoin inflows surged after legal clarity from the GENIUS Act, driving a $3B increase that pushed Solana’s stablecoin supply to roughly $15B and boosted on-chain activity—supporting higher SOL demand and short-term bullish momentum.
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Rapid supply growth on Solana: +50% in three months after GENIUS Act
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Stablecoin market cap rose to $303.18B; Solana leads growth rate among chains.
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Network metrics: addresses +7.55%, transactions +14.6%, adjusted volume +37.7%.
Meta description: Solana stablecoin inflows jumped after the GENIUS Act, lifting supply to ~$15B and boosting SOL demand—read the data-driven analysis and trading outlook now.
What caused Solana stablecoin inflows to spike?
Solana stablecoin inflows accelerated after legal clarity from the GENIUS Act, which eased issuance and distribution rules. The Act coincided with a $3 billion rise in Solana-based stablecoins over three months, lifting on-chain volume and address growth and supporting higher SOL demand.
How large is the current stablecoin market and Solana’s share?
Global stablecoin market cap rose to $303.18 billion, up 1.44% week-on-week and 6.05% month-on-month, according to DefiLlama (reported as plain text). Solana’s supply expanded from about $10 billion to roughly $15 billion since the GENIUS Act signing on July 18, marking ~50% growth in three months.
Source: DefiLlama (plain text)
Legal clarity from the GENIUS Act has been cited by on-chain analysts as the primary catalyst. Danny Nelson described the Act’s passage as pivotal for issuer confidence and market adoption (plain text attribution).
Why is Solana outpacing peers in stablecoin growth?
Solana’s growth is driven by faster on-chain minting and utility use-cases that capture stablecoin flows. In the last 30 days, Solana addresses holding stablecoins rose 7.55% to 4 million, transactions increased 14.6% to 208 million, and Adjusted Transaction Volume jumped 37.69% to $310.6 billion, per Artemis and on-chain metrics (plain text).
Source: Artemis (plain text)
How does Solana compare with Ethereum and TRON?
Ethereum leads global stablecoin supply with approximately 53.67% (~$172B), TRON holds ~25.79% (~$77B), and Solana is third at about 4.99%. Despite smaller share, Solana’s growth rate now surpasses both, signaling shifting flows rather than immediate market-share dominance (DefiLlama and on-chain data cited in plain text).
Source: DefiLlama (plain text)
How has SOL price responded to rising network activity?
COINOTAG observed a correlation between rising stablecoin supply and SOL’s price action (plain text attribution). SOL rallied from $173 to $253 before cooling near $219 at press time (TradingView data, plain text). On-chain demand and inflows are bullish signals, but technical resistance remains a key near-term determinant.
Source: TradingView (plain text)
Short-term technical outlook
SOL is trading above long-term moving averages, with near-term resistance at the 20-day EMA of $222. A decisive breakout above $222 could prompt a retest of $235. Conversely, failure to hold current levels may see a pullback toward the 50-day EMA near $213.
Frequently Asked Questions
How much did Solana stablecoin supply increase after the GENIUS Act?
Solana’s stablecoin supply rose from about $10 billion to roughly $15 billion—around a 50% increase—within three months after the GENIUS Act signed on July 18, according to on-chain supply data cited in plain text.
Will increased stablecoin supply push SOL higher?
Higher stablecoin supply and on-chain activity support demand for network services and can be bullish for SOL, but price depends on technical resistance, macro liquidity, and trader positioning—monitor the 20-day EMA at $222.
Key Takeaways
- GENIUS Act catalyzed inflows: Legal clarity triggered strong issuance and adoption on Solana.
- On-chain metrics confirm adoption: Addresses, transactions and adjusted volume all posted double-digit gains.
- Price-action is reactive: SOL’s path depends on clearing the 20-day EMA ($222) for further upside.
Conclusion
Solana’s stablecoin inflows highlight how regulatory clarity can accelerate on-chain usage and liquidity rotation. While Ethereum and TRON remain larger by stablecoin share, Solana’s growth trajectory is notable and supports a constructive short-term outlook for SOL if key technical resistances are cleared. Monitor on-chain supply, transaction metrics, and EMA levels for the next signals. COINOTAG will continue tracking developments and updating this analysis.
