Solana's stablecoin landscape is shifting noticeably. According to latest data, non-USDC/USDT stablecoins now account for 20% of the Solana ecosystem—up sharply from just 3% a year ago. This growing diversification suggests increasing adoption of alternative stables like USDS and others on the network, reflecting both user experimentation and evolving market dynamics within Solana's DeFi space.
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TopEscapeArtist
· 8h ago
20% just wants to tell me about diversification? From a technical perspective, this is a dangerous signal of liquidity dispersion.
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USDS is increasing? Let me check the K-line... It's probably the chives catching the bottom again at high levels.
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From 3% to 20%, the head and shoulders pattern is becoming more obvious, which is not a good sign.
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Haha, the new stablecoin is here for another round of cutting, I knew someone would get trapped when the MACD shows a golden cross.
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Diversification? I think it's risk spreading to places you can't see.
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TeaTimeTrader
· 9h ago
20%? This increase is outrageous, USDS is really winning people's hearts.
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ser_we_are_ngmi
· 9h ago
20% already? That's a pretty rapid growth, USDS is really grabbing market share.
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DisillusiionOracle
· 9h ago
20% already? How many new projects are deploying these miscellaneous stablecoins?
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LuckyHashValue
· 9h ago
20%? The increase isn't fast enough, and it still feels like USDS doesn't have much presence.
Solana's stablecoin landscape is shifting noticeably. According to latest data, non-USDC/USDT stablecoins now account for 20% of the Solana ecosystem—up sharply from just 3% a year ago. This growing diversification suggests increasing adoption of alternative stables like USDS and others on the network, reflecting both user experimentation and evolving market dynamics within Solana's DeFi space.