Solana adds $22M in euro stablecoins in one week, outpacing every other chain
Solana's euro stablecoin supply grew by $22 million in a single week, outpacing every other tracked blockchain combined, according to Token Terminal data.
The figures come from data tracked by Token Terminal for the week ending October 25, 2026. The entire euro stablecoin market, across all chains, is estimated at between $835 million and $916 million. By that measure, Solana's one-week addition equals roughly 2.4% to 2.6% of the whole market.
Solana now holds an estimated 13.7% to 14.8% share of euro stablecoins, putting it in second place behind Ethereum. The euro tokens sit on top of a much larger stablecoin base, with total stablecoin value on Solana now exceeding $15 billion.
Euro Issuers on Solana
Several regulated issuers now offer euro stablecoins on the network. Circle's EURC is the most familiar name, while Société Générale Forge issues EURCV. AllUnity's EURAU joined the network more recently, expanding to Solana in April 2026. Each of these issuers operates under Europe's MiCA framework.
MiCA, short for Markets in Crypto-Assets, is the European Union's rulebook for digital assets. Issuers that comply get a clear legal lane to offer stablecoins to European users and businesses.
Growing Network
Solana's appeal for these issuers rests on cheap, efficient transactions. Its growing roster of institutional and payment partnerships adds another reason for euro liquidity to settle there. Addresses holding stablecoins on Solana have surpassed 14 million, up from below 4 million in late 2024.
Ethereum remains the dominant home for euro stablecoins, but Solana's weekly pace shows it is the chain gaining ground fastest. Market share estimates will shift as new supply comes online across every chain, with concentration being another factor to watch as a handful of issuers drive supply.
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