The total supply of stablecoins on the Solana blockchain has reached a new all-time high, surpassing $236 billion as of late April 2025. This increase includes a $2.135 billion rise over the previous seven days. Within this ecosystem, the circulating supply of the USDC stablecoin on Solana has exceeded $10 billion, marking a 160% year-to-date growth on the network and returning to all-time highs last seen in February. Additionally, FartCoin, a lesser-known token on Solana, has overtaken USDT in 24-hour on-chain trading volume and recently surpassed the $1 price mark. These developments indicate growing liquidity and activity within the Solana stablecoin market, suggesting potential momentum for the broader Solana ecosystem.