The transfer volume of stablecoins on the layer-1 Solana blockchain has been steadily increasing, hitting a new record so far this month. According to blockchain analytics platform Artemis, stablecoin transfer volume on Solana has already exceeded $300 billion in January. The figure has already eclipsed the $297 billion in Solana stablecoin transfer volume for December. Moreover, January’s $303…
Bloomberg senior litigation analyst, Elliott Stein, has indicated he sees minimal likelihood of failure for cryptocurrency exchange Coinbase in its ongoing lawsuit against United States Securities and Exchange Commission (SEC). Stein forecasts a 70% chance of the exchange securing a full dismissal in the lawsuit. In a recent post on Jan. 19 on X (formerly Twitter), Stein…