Solana stablecoin capitalization hits $15B all-time high amid memecoin rebound

Solana's stablecoin capitalization reached $15 billion after nearly $10 billion was issued over the past year, with more than $900 million minted in the last 24 hours. Memecoin trading revived, led by Bonk's 50% and PENGU's 40% gains, while applications generated $2.39 billion in 2025 and Western Union plans a dollar-backed token.