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).
NewTimeSpace Disclaimer: All content herein is the original work of NewTimeSpace. Any reproduction, reprinting, or use of this content in any other manner must clearly indicate the source as "NewTimeSpace". NewTimeSpace and its authorized third-party information providers strive to ensure the accuracy and reliability of the data, but do not guarantee the absolute correctness thereof. This content is for reference only and does not constitute any investment advice. All transaction risks shall be borne by the user.
Tags:
- Memory Chip Prices Expected to Continue Strong Rally in Q1 2026, Guotai CSI Semiconductor Material Equipment Theme ETF (159516) Pulls Back Nearly 1%
- AI Industry Value Center Accelerates Shift to Agent Application Layer, Harvest CSI Software Services ETF(159852) Up Nearly 3%
- CPO and other AI-computing hardware are sliding right now, with Global X Ai Infrastructure Etf (03401.HK) leading the decline among Hong Kong’s equity ETFs.
- Samsung Electronics posts a sharp profit jump; Xtrackers MSCI Korea UCITS ETF (02848.HK) has rallied 33.07% over the past 60 days.
- Brokerage ROE Expected to Return to Upward Channel in 2026, Yinhua CSI All Share Investment Banking & Brokerage Index ETF(159842) Up 0.51% in Morning Trading