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via The Block · By The Block Editorial

SoFi to launch its stablecoin on Solana, citing speed and cost

SOL

SOL/USDT

$65.70

-4.85%

$65.70

-4.85%

(24s)

24h Volume

$4,194,740,696.98

24h H/L

$69.66 / $64.04

Change: $5.62 (8.78%)

Long/Short

79.0%

Long: 79.0%Short: 21.0%

Funding Rate

-0.0014%

Shorts pay

Data provided by COINOTAG DATALive data

Solana

Daily

$65.33

▼ -4.10%

Volume (24h): -

Resistance Levels

Resistance 3$74.753

Resistance 2$69.2496

Resistance 1$66.7467

Price$65.33

Support 1$64.4939

Support 2$60.13

Support 3$49.7178

Pivot (PP):$66.7467

Trend:Downtrend

RSI (14):35.9

The Block Editorial

(07:15 PM UTC)

1 min read

Updated byJames Mitchell

876 views

0 comments

After officially launching its stablecoin late last year, SoFi Technologies said it will begin issuing the token on Solana.

"We think it is the right chain to use for payments, partially because of the cost, partially because of the settlement speed and ultimately the throughput," Ben Reynolds, SoFi's head of big business banking, said Tuesday.

In December 2025, SoFi launched SoFiUSD, a fully…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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The Block Editorial · The Block

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