In July 2025, the Solana blockchain demonstrated strong growth across multiple metrics. Tokenized stocks on Solana reached nearly $90 million in trading volume in their first month, surpassing the combined volume on all other chains. The USDC stablecoin minted on Solana totaled $750 million in the past week, contributing to a cumulative $21.25 billion minted on the platform so far in 2025. Additionally, Tether's USDT supply on Solana hit $2 billion for the first time. Solana also led in protocol revenue, transactions, active addresses, fee efficiency, and token launches during July, underscoring its dominant position in the blockchain ecosystem.