Circle Mints 5 Billion USDC on Solana in Just One Minute

SOL

SOL/USDT

$95.32

+4.12%

$95.32

+4.12%

(24s)

24h Volume

$5,224,756,324.54

24h H/L

$97.68 / $91.27

Change: $6.41 (7.02%)

Long/Short

63.7%

Long: 63.7%Short: 36.3%

Funding Rate

+0.0007%

Longs pay

Data provided by COINOTAG DATALive data

Solana

Daily

$95.40

▼ -0.82%

Volume (24h): -

Resistance Levels

Resistance 3$108.12

Resistance 2$98.6052

Resistance 1$95.7433

Price$95.40

Support 1$94.4421

Support 2$89.7182

Support 3$84.8854

Pivot (PP):$95.7433

Trend:Sideways

RSI (14):60.7

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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