News
Circle mints 250 million USDC on Solana, expanding liquidity
Circle, issuer of USDC, minted additional 250M USDC on Solana blockchain. Reported by Cointelegraph, the increase raises USDC supply on Solana but does not necessarily indicate immediate circulation or new demand. The minting highlights ongoing liquidity expansion and stablecoin issuance on the network, potentially supporting broader usage and growth. The article notes mixed market response to Solana price predictions for October 2026, with a slight rise in probability of reaching $140 and low probability for $190. Observers will watch whether the added liquidity translates into higher adoption or price movement. Future announcements from Solana Labs or regulatory actions could further affect perception.