- The stablecoin issuer has minted $500M USDC on Solana in the present day.
- It has minted $1B stablecoins within the earlier week, bringing its July complete previous $3 billion.
- SOL trades at a key degree, focusing on the $200 mark.
Solana is within the highlight as altcoins rally with Bitcoin above the $120,000 zone after the US Congress passed the groundbreaking crypto bills.
Amidst the rallies, stablecoin issuer Circle has minted $500 million USDC on the Solana blockchain in the present day.
The brand new injection has pushed the agency’s weekly mint to $1 billion USDCs, indicating intensified stablecoin actions on the SOL community.
Moreover, Circle has minted USDC value over $3 billion on the Solana blockchain because the begin of July.
🚨JUST IN: Circle has minted $500M USDC on Solana within the final 10 minutes, bringing complete USDC minted on the community this July to $3B. pic.twitter.com/rnJnIvj0kd
— SolanaFloor (@SolanaFloor) July 17, 2025
That’s among the many most aggressive stablecoin expansions the crypto platform has witnessed in 2025.
These developments underscore institutional belief in Solana’s infrastructure and future potential.
In the meantime, the optimism is already mirrored in SOL’s worth motion.
The native token hovers at a key degree of $180, focusing on swift rallies towards the sought-after $200.
Why elevated stablecoin actions matter
Circles transfer to mine USDC value billions of {dollars} on Solana is past a mere blockchain exercise.
The transfer indicators confidence within the community’s cost-friendly mannequin and scalability.
Whereas Ethereum nonetheless grapples with excessive gasoline charges and congestion, Solana gives ultra-low charges and near-instant transaction completion.
That makes it excellent for dealing with large volumes of stablecoin transfers.
The USDC minting spree indicators rising institutional belief in Solana’s capabilities.
To buyers, merchants, and builders, the event indicators a rising ecosystem ripe to assist stablecoin-centric development.
It’s no shock that native SOL shows bullishness amidst USDC surges.
Liquidity performs an important position in blockchain’s general well being, and stablecoins guarantee easy undertakings, from interacting with DEXs to lending protocols.
Extra USDCs becoming a member of the community will enrich Solana’s throughput and demand, which in flip results in worth development.
Additionally, the transfer displays Circle’s growth objectives.
The corporate requires a blockchain that may deal with large real-world volumes because it braces for its IPO (initial public offering).
Will Solana’s battle-tested, low-cost, and quick capabilities make it an ideal accomplice?
Solana worth outlook
SOL trades at $180 after gaining greater than 6% prior to now 24 hours.
The present worth locations it at a key degree.
A closing above $180 will possible catalyze easy good points towards the psychological mark at $200.
Technical indicators assist Solana’s upside stance.
The 1D Transferring Common Convergence sways above the sign line, suggesting purchaser management.
Additionally, the Chaikin Cash Circulate has remained elevated since July 14.
That confirms elevated money getting into the SOL ecosystem as buyers count on imminent rallies.
Bulls goal the $188 zone, past which Solana can rally frictionlessly to $200.
Solana fanatics @splsamurai posted a chart highlighting SOL’s potential good points.
$SOL about to breach $180 resistance and teleport to $200 pic.twitter.com/fPjGV30s1S
— Samurai•SOL ⚔️ (@splsamurai) July 18, 2025
Continued broad market surges will assist Solana’s stability above $180 to validate the bullish trajectory.
Altcoins show bullish energy as Bitcoin’s dominance dwindled after BTC’s rally to all-time highs final week.
Solana stays poised among the many prime alts to observe within the prevailing bull runs.
