Circle Mints 5 Billion USDC on Solana in Just One Minute

SOL

SOL/USDT

$88.53

+2.64%

$88.53

+2.64%

(24s)

24h Volume

$3,875,175,794.90

24h H/L

$89.20 / $86.02

Change: $3.18 (3.70%)

Long/Short

76.5%

Long: 76.5%Short: 23.5%

Funding Rate

-0.0160%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$88.49

▲ 1.03%

Volume (24h): -

Resistance Levels

Resistance 3$113.8728

Resistance 2$100.5725

Resistance 1$93.5288

Price$88.49

Support 1$87.525

Support 2$81.3658

Support 3$67.50

Pivot (PP):$87.9733

Trend:Downtrend

RSI (14):30.8

According to Whale Alert monitoring, Circle expanded its stablecoin issuance on the Solana network by minting an additional 2.5 billion USDC at 23:25 Beijing time. The tally shows 2.5 billion minted in a minute, bringing the on-chain USDC supply on Solana to 5 billion within under 60 seconds, highlighting the scale of liquidity provisioning on the chain.

Such on-chain minting activity underscores Circle’s role in supporting stablecoin liquidity for Solana-based DeFi applications and cross-chain settlements. Market participants watch these spikes as a gauge of demand for fast settlement and capital efficiency on Layer-1 ecosystems.

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