Solana recorded $364 billion in transaction volume in the first two months of 2025, surpassing Ethereum and Coinbase combined.
The network now supports over 100 million monthly active users due to its fast performance and low fees.
Key institutional players like Visa, Shopify, and Stripe are settling stablecoin transactions on Solana, with PayPal and First Digital holding over $100 million in Solana assets.
Solana's stablecoin supply has increased by 600% YoY, reaching over $12 billion in Q1 2025, driven by utility in AI applications, payments, and Web3 services.