Solana Stablecoins Hit $650 Billion In Monthly Transactions

For most of Solana’s short history, meme coin trading defined a large chunk of its activity. That appears to be changing. According to a research note from Grayscale Investments, February’s record volume – $650 billion in stablecoin transactions – was driven by a move toward SOL–stablecoin trading pairs and real payment activity — not speculative bets on short-lived tokens. Related Reading: US Should Act On Bitcoin, Not Just Praise It, Ex-Advisor To Trump Says The network processed more transactions tied to practical money movement than at any point in its existence. The massive figure covers stablecoin transactions recorded on Solana during February 2026. It marks the highest monthly total ever logged on any blockchain — and it arrived in just 28 days. Grayscale’s d...