Solana-Based Stablecoin Card Payments Hit Record $141M in October
Solana-based stablecoin card payments reached an all-time high of $141 million in October, signaling growing adoption of blockchain-based payment solutions.
Solana-based stablecoin card payments reached an all-time high of $141 million in October, signaling growing adoption of blockchain-based payment solutions. Solana (SOL) is trading at $92.39, up 0.2% since this brief published. This is an original TLT brief based on reporting by Bitcoin Sistemi, with live market data added, as of Tue, 03 Nov 2026 12:00:04 UTC.
This development highlights the increasing use of blockchain technology for everyday financial transactions, showcasing Solana's potential as a scalable platform for payment solutions. It also underscores the growing integration of cryptocurrencies into traditional financial systems.
- Solana-based stablecoin card payments hit $141M in October, a new record.
- The milestone demonstrates growing adoption of blockchain-based payments.
- Solana's market cap is $54.39B, despite recent price decline.
- Polygon Expands Open Money Stack to Solana for Stablecoin Payments
- Polygon Expands Stablecoin Access to US Banking for Solana Ecosystem
- Backpack Securities Sets New Monthly Volume Record on Solana
- Solana Foundation Partners with Standard Chartered-Backed Firm for HKD Stablecoin
- Solana to Host Native Issuance of Hong Kong Dollar Stablecoin HKDAP
- Solana Maintains DEX Volume Lead with $65B in October
- Solana-Based Stablecoin Card Payments Hit Record $141M in October — this brief
In October, the transaction volume for card payments using 
Solana-based stablecoins reached $141 million, setting a new record for this payment category. This figure, reported by multiple outlets, indicates a significant increase in the adoption of blockchain-based payment solutions.
The milestone reflects the growing use of cryptocurrencies for everyday transactions, with Solana emerging as a key platform for these activities. The network's scalability and low transaction costs make it an attractive option for payment processors and users alike.
While 
Bitcoin Sistemi focuses on the record transaction volume, DailyCoin adds that the increasing use of these payment solutions could have broader implications for financing and company expansion. This suggests that the trend could drive further investment and development in the Solana ecosystem.
Despite the positive development, the overall crypto market remains in a downturn, with Bitcoin down 1.25% in the last 24 hours and the Fear & Greed Index at 26, indicating a 'Fear' sentiment. Solana itself has seen a 1.95% drop in the past day and a 7.54% decline over the last week.
The record transaction volume for Solana-based stablecoin payments comes at a time when the broader market is struggling, highlighting the potential resilience of certain blockchain use cases even during market downturns. Observers will be watching to see if this trend continues and what impact it might have on Solana's price and market position.
Since this brief published about 3 hours ago, Solana (SOL) has moved from $92.16 to $92.39 — +0.25%.
The chart plots SOL's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 SOL ≈ ₦127,537.47 (about $92.39), down 1.7% over 24 hours. The naira itself trades about 2.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 3, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Solana-Based Stablecoin Card Payments Hit Record $141M in Oc — questions & answers
What is the significance of the $141 million transaction volume?
It represents a new record for Solana-based stablecoin card payments, indicating growing adoption of blockchain-based payment solutions.
How does this development affect Solana's market position?
While Solana's price has declined recently, the record transaction volume suggests continued use and potential growth in its ecosystem.
What broader implications does this have for the crypto market?
It suggests that certain blockchain use cases, like payments, may remain resilient even during market downturns.
How much is 1 Solana worth in naira today?
About ₦127,537.47 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $92.39. The naira price moves with both SOL's US-dollar price and the USDT/NGN rate; use our Solana in naira page for any amount.
Has Solana's price moved since this brief was published?
SOL is up 0.25% since this brief first published — trading at $92.39 now versus $92.16 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.