Solana’s Stablecoin Transfer Volume Drops Drastically Amid Scrutiny

Share This Post

Solana's Stablecoin Transfer Volume Drops Drastically Amid ScrutinyAccording to stablecoin transfer volume metrics divided by blockchain, Solana’s daily transfer volume has decreased from a range of $75 billion to $100 billion daily to around $7 billion daily. Additionally, a crypto advocate expressed doubts about the legitimacy of Solana’s previous stablecoin transfer volumes, indicating that the metrics were highly overstated. Stablecoin Metrics Reveal […]

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Matrixport Co-Founder Says Crypto Market Mirrors Early June: What This Means

In a recent commentary on X, Daniel Yan, co-founder of Matrixport and CIO at Kryptanium Capital, offered a detailed comparison between the current crypto market dynamics and those observed in early

Market Jitters: Germany Offloads 3,820 BTC in a Week, Impacting Crypto Sentiment

Over the past seven days, data reveals that the German government has transferred 3,820 BTC to cryptocurrency exchanges, with around 2,16549 BTC moved in the last eight hours German

Cardano Is MiCA Ready: New Report Releases Sustainability Indicators

In an environmental assessment mandated by the emerging Markets in Crypto-Asset (MiCA) regulations, the Crypto Carbon Ratings Institute (CCRI) has released detailed sustainability indicators for the

Polkadot team dismisses fears of empty treasury, touts self-sustaining model

Stakeholders within Polkadot’s ecosystem have refuted claims that the network’s Treasury will run dry within two years Recently, a treasury report raised community concerns by suggesting

Paxos Gains Full Approval From Singapore’s Monetary Authority for Digital Token Services

Paxos has secured full approval from the Monetary Authority of Singapore (MAS) to offer digital payment token services, positioning Singapore as a key player in Paxos’s global stablecoin operations

36% Explosion! ENS Coin Steals The Spotlight In The Crypto Market

The ENS token (Ethereum Name Service) has recently taken center stage in the crypto community, sustaining a 36% rise in in the last week This steady surge has sparked widespread interest, with some