Solana Stablecoin Card Spending Hits Record $141M in October, Up 7x in a Year

Crypto Insight Summary: Stablecoin card spending on the Solana network reached a record $141.1 million in October, according to data from Paymentscan. This makes it the fourth consecutive monthly high for stablecoin card spending on the network. October’s total makes it roughly seven times the around $20 million recorded in the same month last year and about 24%... Crypto Insight Analysis: Direction: Bullish SOL Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Record stablecoin card use signals growing Solana payment adoption, though it has limited broad market impact.