The total supply of stablecoins on Solana (SOL) has jumped by more than 73% since mid-January, driven by a surge in network activity following the launch of President Donald Trump’s memecoin. According to a Jan.

TRUMP's price and trading volume have both fallen dramatically, but President Trump's Solana meme coin still has ardent backers.

TRUMP, a meme coin launched earlier this month on Solana, is now a payment option at several President Trump online merchandise stores.

President Donald Trump’s surprise memecoin launches sent Pump.fun’s trading volume into overdrive, smashing the $3 billion weekly mark. Tokens from Solana memecoin launchpad Pump.fun recorded an all-time high of $3.3 billion in weekly trading volume, fueled by a torrent of President Donald Trump-themed memecoins.

Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.

Donald Trump’s official memecoin has jumpstarted fresh speculative activity in the Solana ecosystem. Multiple large-cap tokens based on Solana surged higher Saturday, and the blockchain’s native SOL token set fresh highs above $275 as the incoming U.

The team behind the official memecoin TRUMP has shown solid backing for the Solana (SOL) blockchain through significant acquisitions of one of the market’s largest altcoin.

While Circle's USDC led stablecoin growth on Solana, other issuers also expanded their stablecoins to the network recently, one analyst noted.

The global cryptocurrency market is currently in a bullish phase, with a 1.68% rise, increasing its total market capitalization to $3.69 trillion. Amid this

OFFICIAL TRUMP quickly achieved a top ten fully diluted market capitalization in less than three days of trading. Check out TRUMP memecoin and SOL-USD here.

INX, a regulated marketplace for tokenized RWAs, security tokens, and cryptocurrencies, has listed Solana (SOL), TRUMP, and MELANIA.

Separately, shares of Trump’s other publicly traded eponymous entity, Trump Media & Technology Group, dropped more than 10% in the first day of trading following Trump’s inauguration.