Solana's stablecoin market has demonstrated remarkable growth, achieving $14 billion in liquidity. The network experienced a 140% increase in the first quarter and a 40% rise in the third quarter of the year. Circle's USDC supply on Solana now accounts for 11.62% of the total, with USDC leading nearly 60% of Solana's stablecoin market. This strategic expansion in liquidity is bolstering Solana's competitive edge in the stablecoin sector, surpassing Ethereum and other Layer 2 networks such as Base and Arbitrum. The growth highlights Solana's strengthening position in the cryptocurrency ecosystem.