Solana (SOL) Founder Drops Astronomical $1 Trillion Prediction

In a one-character tweet — "1T" — Solana cofounder Anatoly Yakovenko may have just dropped one of the year's biggest forward-looking statements in crypto. The message was simple, but the timing was everything.

The global stablecoin market has just passed an all-time high of $255 billion. If you look more closely at the data, you will see why the trillion-dollar milestone might not be as far off as it seems.

Tether (USDT) is top of the list with a market cap of $155.9 billion, followed by USDC at $61.2 billion, but the focus is now on where that volume is moving — and that is where Solana steps in.

On its own, the stablecoin market cap has hit $10.6 billion on Solana, with USDC making up a whopping 70.5% of that. It is still a key part of the stablecoin velocity puzzle. USDC, PYUSD and even FDUSD are spreading across Solana's rails, showing it is not just an Ethereum game anymore.

Newcomers like First Digital USD (FDUSD) and Solayer USD (sUSD) are choosing Solana as their main issuance network too. The list is quite long, with names like PayPal USD, Ondo USD Yield and Sky Dollar.

Stablecoins taking bigger steps

Take a look at the bigger picture, and it is clear that the regulatory landscape is shifting in favor of stablecoins. The GENIUS Act, which was recently passed in the U.S., is going to make half of the market clearer and more secure.

That clarity is already getting the attention of institutional investors. JPMorgan, a $300 billion short-term treasury holder, was not so keen on cryptocurrencies a while back, but now they are launching their own JPMD stablecoin for corporate clients.

With banks moving into tokenized T-bills, Circle's IPO gaining traction with a 1,000% gain in just weeks and regulated issuers replacing shadowy intermediaries, stablecoins are evolving into a fully integrated, institution-grade product. If things keep going the way they are, Yakovenko's "1T" prediction might actually come true.