Solana loses $1.12B in stablecoins in 16 days, 6.4% of its cushion
- —Solana stablecoin stock at $16.33B vs $17.45B on September 25
- —$1.12B left the chain in 16 days, averaging about $70M per day
- —SOL at $111.79: +1.48% daily, -7.8% weekly, +9.5% over 30 days
- —45.5% of Solana stablecoins are MiCA-authorised, 30.7% have no ESMA entry
Why it matters: A thinner stablecoin cushion reduces pool liquidity and raises slippage on Solana sells, especially for large orders and smaller tokens.
Source: CryptoTicker