Stablecoin market cap on the Layer-1 Solana blockchain soars; Chinaamc Solana Etf (03460.HK) jumps more than 1.8%.
The total market cap of stablecoins on the Solana Layer-1 blockchain jumped USD 0.9 billion in 24 hours, DeFiLlama data show, lifting the fiat- or debt-backed tokens to a record USD 15.3 billion on the network.
NewTimeSpace News – Tuesday, 7 January:
The total market cap of stablecoins on the Solana Layer-1 blockchain jumped USD 0.9 billion in 24 hours, DeFiLlama data show, lifting the fiat- or debt-backed tokens to a record USD 15.3 billion on the network.
The total market cap of stablecoins on the Solana Layer-1 blockchain jumped USD 0.9 billion in 24 hours, DeFiLlama data show, lifting the fiat- or debt-backed tokens to a record USD 15.3 billion on the network.
Thursday, 9 January:The theme kept rippling through listed products. Chinaamc Solana Etf (03460.HK) surged more than 1.8 %, bringing its year-to-date gain to 7.55 % (Wind, 8 Jan 2026).
03460.HK is Asia’s first—and the world’s second on a major exchange—spot Solana ETF. It aims to deliver returns that closely track the price of SOL before fees and expenses.
SOL is the native crypto-asset of Solana, used to pay gas, vote on upgrades and secure the chain via staking. As a utility token for a high-performance blockchain, its value rises or falls with ecosystem adoption—and remains highly volatile.
Moody’s calls stablecoins the “critical infrastructure” for tokenised real-world assets (RWAs). RWAs—physical or traditional assets represented on-chain—need stablecoins for liquidity and settlement. Tokenisation turns once-illiquid art, real estate or collectibles into collateral for DeFi loans. (Moody’s, July 2025,Stablecoins & RWA: The Bridge to Tokenised Real-World Assets).
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