Circle Mints 5 Billion USDC on Solana in Just One Minute

SOL

SOL/USDT

$82.21

+0.91%

$82.21

+0.91%

(24s)

24h Volume

$4,203,361,175.30

24h H/L

$82.37 / $77.12

Change: $5.25 (6.81%)

Long/Short

77.7%

Long: 77.7%Short: 22.3%

Funding Rate

-0.0056%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$81.23

▼ -0.75%

Volume (24h): -

Resistance Levels

Resistance 3$92.10

Resistance 2$87.5323

Resistance 1$83.3718

Price$81.23

Support 1$78.2467

Support 2$74.9561

Support 3$67.50

Pivot (PP):$80.2067

Trend:Downtrend

RSI (14):39.8

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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