Circle Mints 5 Billion USDC on Solana in Just One Minute

SOL

SOL/USDT

$83.35

+0.68%

$83.35

+0.68%

(24s)

24h Volume

$1,629,887,570.10

24h H/L

$84.29 / $82.26

Change: $2.03 (2.47%)

Long/Short

77.5%

Long: 77.5%Short: 22.5%

Funding Rate

-0.0164%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$83.26

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$98.5337

Resistance 2$87.5625

Resistance 1$83.2622

Price$83.26

Support 1$83.165

Support 2$78.3404

Support 3$67.50

Pivot (PP):$83.2667

Trend:Downtrend

RSI (14):41.8

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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