The release of the memecoin $TRUMP on the Solana network has sparked new interest and investment, leading to increased activity on Solana's decentralized markets. This influx of money has also resulted in a rise in stablecoin supply on Solana, making it the third-largest blockchain network in terms of stablecoin supply. USD Coin (USDC) dominates the stablecoin market on Solana, while USDT holds the second position. The $TRUMP token has attracted a significant number of new users to the Solana network, driving higher transaction volumes and user engagement.
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