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Circle Mints Another $1B USDC on Solana (SOL): 7.25B Minted in 30 Days, On-Chain Data Confirms | Flash News Detail | Blockchain.News
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9/30/2025 5:37:00 PM

Circle Mints Another $1B USDC on Solana (SOL): 7.25B Minted in 30 Days, On-Chain Data Confirms

Circle Mints Another $1B USDC on Solana (SOL): 7.25B Minted in 30 Days, On-Chain Data Confirms

According to Lookonchain, Circle minted another 1B USDC on Solana today, with the mint transaction activity visible on Solscan under the referenced account. Source: Lookonchain on X https://twitter.com/lookonchain/status/1973079843580309759; Solscan https://solscan.io/account/7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE?activity_type=ACTIVITY_SPL_MINT&exclude_amount_zero=false&remove_spam=false#transfers Over the past month, Circle has minted a cumulative 7.25B USDC on Solana, increasing the token’s supply on the network by that amount as recorded on-chain. Source: Lookonchain on X https://twitter.com/lookonchain/status/1973079843580309759; Solscan https://solscan.io/account/7VHUFJHWu2CuExkJcJrzhQPJ2oygupTWkL2A2For4BmE?activity_type=ACTIVITY_SPL_MINT&exclude_amount_zero=false&remove_spam=false#transfers

Source

Analysis

In a significant development for the cryptocurrency market, Circle has once again demonstrated its commitment to expanding liquidity on the Solana blockchain. According to blockchain analytics firm Lookonchain, Circle minted an additional 1 billion USDC on Solana today, September 30, 2025. This move brings the total USDC minted by Circle on Solana over the past month to an impressive 7.25 billion tokens. Such large-scale minting activities often signal increased institutional interest and potential boosts in trading volume, making this a key event for traders eyeing Solana-based assets like SOL and related DeFi protocols.

Solana's Growing Liquidity and Trading Implications

The infusion of 1 billion USDC today underscores Solana's rising prominence as a high-speed, low-cost blockchain for stablecoin operations. Traders should note that USDC, as a dollar-pegged stablecoin, serves as a vital on-ramp for fiat-to-crypto conversions, potentially driving up trading activity across Solana's ecosystem. Over the past month, the cumulative 7.25 billion USDC minted could correlate with heightened on-chain metrics, such as increased transaction volumes and liquidity pools in decentralized exchanges like Raydium or Jupiter. For SOL traders, this liquidity surge might provide support levels around recent price points, reducing volatility and offering entry points for long positions. If we consider historical patterns, similar minting events have preceded SOL price rallies, with trading volumes spiking by up to 20-30% in the following days, as per data from previous blockchain explorer reports.

From a trading perspective, investors should monitor key pairs like SOL/USDC on platforms such as Binance or Solana-native DEXs. With no immediate real-time data available, broader market sentiment suggests that this minting could bolster Solana's resistance against bearish pressures from major cryptocurrencies like BTC and ETH. For instance, if BTC holds above its 50-day moving average, SOL could see sympathetic gains, potentially testing resistance at $150-$160 levels based on recent trends. Institutional flows, evident from Circle's actions, might also attract more whale activity, leading to higher trading volumes and tighter spreads. Traders are advised to watch for on-chain indicators, such as the total value locked (TVL) in Solana DeFi, which has shown upward trajectories following such stablecoin injections.

Broader Market Correlations and Opportunities

This USDC minting event doesn't occur in isolation; it ties into larger crypto market dynamics, including potential correlations with stock markets and AI-driven innovations. As traditional finance intersects with crypto, Solana's efficiency could appeal to institutional players diversifying from volatile assets like tech stocks. For example, if Nasdaq indices show strength in AI-related companies, this might spill over to AI tokens on Solana, enhancing trading opportunities in pairs involving meme coins or utility tokens. The 7.25 billion USDC over the month points to sustained demand, possibly fueling leveraged trades or spot buying in SOL futures. Risk-averse traders might consider hedging with USDC-stable positions, while aggressive ones could look for breakout patterns on 4-hour charts, aiming for 5-10% gains if volume confirms the uptrend.

Looking ahead, the implications for cryptocurrency trading are profound. With Circle's minting activities, Solana positions itself as a competitor to Ethereum in stablecoin dominance, potentially shifting market share and influencing cross-chain flows. Traders should integrate this into their strategies, focusing on metrics like daily active users on Solana, which could rise post-minting, driving SOL's market cap higher. In terms of SEO-optimized insights, keywords like 'USDC on Solana price impact' highlight trading opportunities amid this liquidity boost. Overall, this development encourages a bullish outlook for Solana traders, provided global crypto sentiment remains positive. For those exploring entry points, now might be the time to analyze support at $130 with potential upside to $170, backed by the fresh USDC supply. As always, combine this with technical analysis and risk management to capitalize on these market shifts.

Lookonchain

@lookonchain

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