Stablecoin Market Cap Reaches $300B as BNB Chain and Solana Report Strong User Growth in Early 2026

Stablecoin market capitalization climbed to $300 billion in early 2026, six times the 2020 level, with weekly trading volume doubling to $60 billion, CryptoQuant analyst Maartunn said. BNB Chain recorded 133% year-over-year growth, with DEX trading volume rising 100% in 2025 and briefly capturing 30% of overall DEX market share in July, surpassing Ethereum and Solana. Solana reached 4.1 million daily active users and BNB Chain 1.9 million, marking significant user base expansion compared to the previous cycle, Maartunn added.