Circle has issued an additional 550 million USDC on Solana in the past 12 hours, which is a significant amount. The total issuance over the past 30 days has also been quite high, indicating that settlement, market making, and fund allocation on the $SOL chain are still ongoing. With thicker liquidity, the market is usually more active, and the funding situation on $SOL is more substantial than just storytelling. $SOL

SOL-2.29%
USDC-0.02%
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