The TRUMP coin's introduction on January 17 sparked excitement, which translated into increased demand for Solana's stablecoins.
The memecoin reportedly ignited a frenzy, pushing Solana-based DEXs to set a new daily trading volume record of $25 billion.
Cryptocurrency Solana (SOL) experienced an astonishing
surge in its stablecoin market, driven by an unlikely catalyst, TRUMP, a
memecoin tied to former U.S. President Donald Trump.
This meme-driven frenzy has propelled Solana's total
stablecoin supply to an unprecedented $10 billion, doubling in just a few
weeks. As the TRUMP coin gained traction on Solana's decentralized exchanges
(DEX), it sparked a wave of liquidity inflows, Coindesk reported.
Solana Stablecoin Market
Solana, a high-speed blockchain known for its low-cost
transactions, has recently become the focal point of a massive increase in
stablecoin liquidity.
Solana, Source: CoinMarketCap
Data from Artemis Terminal shows that Solana's total
stablecoin supply has skyrocketed to $10.5 billion, marking a twofold increase
since the start of January. Leading the charge is Circle's USDC, which experienced
its circulation surpassing $8 billion, adding over $4 billion in just this month
alone.
Meanwhile, Tether's USDT supply reportedly more than
doubled, reaching $2 billion from a mere $917 million. Stablecoins like USDC
and USDT are essential to the cryptocurrency ecosystem, providing liquidity for
trading on decentralized platforms.
With these tokens now flowing in greater volumes,
Solana's blockchain has become a thriving hub for crypto trading. The tipping
point for this meteoric rise came with the January 17 launch of TRUMP coin, a
memecoin tied to Donald Trump, on Solana's decentralized exchange Meteora.
Source: Artemis Terminal
Impact of TRUMP Memecoin
While it initially traded against USDC, the excitement
around the token quickly translated into massive demand for Solana's
stablecoin. The TRUMP coin's introduction came at a time when
Solana's ecosystem was already seeing heightened activity following
crypto-friendly developments.
However, the memecoin created a frenzy of its own,
igniting record trading volumes across DEXs and pushing Solana into the
limelight. As a result of this increase in on-chain trading activity,
Solana-based decentralized exchanges set a new daily volume record of $25
billion.
This represents 74% of the total DEX trading volume
across all blockchains, a significant milestone for the network. The surge in activity also extended to Solana's native
token, SOL, which outperformed the broader market with a 20% gain, far
outpacing Bitcoin's 2% rise.
Cryptocurrency Solana (SOL) experienced an astonishing
surge in its stablecoin market, driven by an unlikely catalyst, TRUMP, a
memecoin tied to former U.S. President Donald Trump.
This meme-driven frenzy has propelled Solana's total
stablecoin supply to an unprecedented $10 billion, doubling in just a few
weeks. As the TRUMP coin gained traction on Solana's decentralized exchanges
(DEX), it sparked a wave of liquidity inflows, Coindesk reported.
Solana Stablecoin Market
Solana, a high-speed blockchain known for its low-cost
transactions, has recently become the focal point of a massive increase in
stablecoin liquidity.
Solana, Source: CoinMarketCap
Data from Artemis Terminal shows that Solana's total
stablecoin supply has skyrocketed to $10.5 billion, marking a twofold increase
since the start of January. Leading the charge is Circle's USDC, which experienced
its circulation surpassing $8 billion, adding over $4 billion in just this month
alone.
Meanwhile, Tether's USDT supply reportedly more than
doubled, reaching $2 billion from a mere $917 million. Stablecoins like USDC
and USDT are essential to the cryptocurrency ecosystem, providing liquidity for
trading on decentralized platforms.
With these tokens now flowing in greater volumes,
Solana's blockchain has become a thriving hub for crypto trading. The tipping
point for this meteoric rise came with the January 17 launch of TRUMP coin, a
memecoin tied to Donald Trump, on Solana's decentralized exchange Meteora.
Source: Artemis Terminal
Impact of TRUMP Memecoin
While it initially traded against USDC, the excitement
around the token quickly translated into massive demand for Solana's
stablecoin. The TRUMP coin's introduction came at a time when
Solana's ecosystem was already seeing heightened activity following
crypto-friendly developments.
However, the memecoin created a frenzy of its own,
igniting record trading volumes across DEXs and pushing Solana into the
limelight. As a result of this increase in on-chain trading activity,
Solana-based decentralized exchanges set a new daily volume record of $25
billion.
This represents 74% of the total DEX trading volume
across all blockchains, a significant milestone for the network. The surge in activity also extended to Solana's native
token, SOL, which outperformed the broader market with a 20% gain, far
outpacing Bitcoin's 2% rise.
Jared Kirui is an Editor at Finance Magnates with more than five years of experience in financial journalism. He covers online trading, fintech, payments, and crypto industries with a focus on companies, regulation and compliance, executive moves, trading technology, and market analysis.
His work has been featured in other media outlets, including Benzinga, ZyCrypto, The Distributed, and The Daily Hodl.
Education:
Bachelor of Commerce degree (Finance option), University of Nairobi
Clarity Without Complacency: Why the SEC-CFTC Framework Is a Start, Not a Finish Line
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
CMC Markets’ Artur Delijergijevs on Metals Demand, Volatility, & Stable Execution
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
In this exclusive Executive Interview, Finance Magnates speaks with Artur Delijergijevs, Head of Systematic Market Making at CMC Markets, about the current state of metals demand and market volatility.
Delijergijevs offers a desk-level view on:
- Metals Demand: Why metals are seeing the strongest demand from both retail and institutional clients right now.
- The Safe-Haven Debate: Questioning whether gold still fits the classic safe-haven definition given large daily price movements.
- Volatile Market Prep: How a market-making desk prepares its systems and pricing for stressed market conditions and high-impact economic events.
- Hybrid Execution: Why the best execution model combines electronic speed with human relationship support, especially during volatility.
- AI in Workflow: Where CMC Markets is integrating machine learning for risk management and pricing, and the limitations of AI during stressed markets.
- Dubai's Role: The strategic importance of Dubai’s location for covering global trading sessions across Asia, Europe, and the US.
Watch to understand how CMC Markets maintains stable pricing and reliable execution quality in high-volatility environments.
#CMCmarkets #forex #metals #gold #trading #volatility #MarketMaking #iFXDubai #FinanceMagnates #Finance #Fintech #Execution #AlgorithmicTrading #RiskManagement
Finance Magnates Awards 2026 – Nominations Now Open
Finance Magnates Awards 2026 – Nominations Now Open
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
The Finance Magnates Awards 2026 nominations are now open. 🏆
From fintech innovators to leading brokers, this is where the finance industry celebrates its biggest achievements.
Winners will be announced at the Cyprus Gala Dinner on November 6, 2026.
Nominate your brand now.
https://awards.financemagnates.com/?utm_source=linkedin&utm_medium=video&utm_campaign=nominations-open
#FMAwards #FinanceMagnates #FintechAwards #Fintech #FinanceIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Finance Magnates Awards 2026 | Nominations Now Open 🏆#Fintech #FMAwards #TradingIndustry
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Lights on. Cameras ready. 🎬
Finance Magnates Awards 2026 nominations are now open. 🏆
#FMAwards #FinanceMagnates #FintechAwards #Fintech
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Exness sees trust as the key theme for growth in MENA Trading Growth for 2026
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Mohammad Amer, Regional Commercial Director at Exness, sits down to discuss the booming MENA financial trading market. Find out why Dubai is key to the company's growth strategy, how a mobile-first generation is changing expectations, and why trust will be the defining theme for traders in 2026.
In this interview, you'll learn:
* Why Dubai and the MENA region are critical growth markets for fintech and online trading.
* How Exness is addressing the demands of mobile-first, younger traders through engineering, platform stability, and transparent conditions.
* The essential role local talent plays in providing a culturally relevant and compliant user experience.
* Mohammad Amer's outlook on the future of the online trading industry and why stronger controls and systems are necessary.
* Why "trust" isn't just a brand value, but has commercial value—and why he predicts 2026 will be the "Year of Trust."
Key Takeaways:
➡️ The MENA region is rapidly shaping global financial markets.
➡️ New traders expect stability, precise execution, and transparency.
➡️ Local expertise is key to regulatory compliance and user experience.
➡️ Future success belongs to firms capable of meeting rising standards across regulation and platform consistency.
Read the full article at: https://www.financemagnates.com/thought-leadership/exness-sees-trust-as-the-key-theme-for-growth-in-mena-trading-growth-for-2026/
#Exness #MENA #Trading #FinTech #Dubai #OnlineTrading #FinanceMagnates #MohammadAmer #Trust #MobileTrading
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
Paytiko CEO Razi Salih on Why Payment Orchestration is a MUST-HAVE for Brokers in 2026
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
At iFX Expo Dubai, Finance Magnates spoke with Razi Salih, CEO at Paytiko, about the evolution of the payments ecosystem and why payment orchestration has shifted from an option to a necessity for brokers, prop firms, and exchanges.
Mr. Salih explains how global expansion, the need for deep localisation, and the sheer number of new payment methods, from instant banking to stablecoins, are driving this critical infrastructure shift.
#PaymentOrchestration #Fintech #Brokerage #TradingPayments #RaziSalih #Paytiko #iFXExpoDubai #Stablecoins #AIinFintech
