Solana-Based Stablecoin Card Payments Hit $141M in October
Transaction volume for card payments using Solana-based stablecoins reached a record high in October.
Transaction volume for card payments using Solana-based stablecoins reached a record high in October. Solana (SOL) is trading at ₹8,765 ($92.33), up 0.2% since this brief published. This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Tue, 03 Nov 2026 11:45:01 UTC.
This development highlights the growing adoption of Solana-based stablecoins for real-world transactions, showcasing their increasing utility and potential to challenge traditional payment systems.
- Solana-based stablecoin card payments reached $141M in October.
- This marks a new record for this payment category.
- Solana's market cap stands at $54.39B despite recent price decline.
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- Solana-Based Stablecoin Card Payments Hit $141M in October — this brief
In October, the transaction volume for card payments using 
Solana-based stablecoins reached $141 million, marking a new record according to multiple outlets. This figure represents a significant milestone in the adoption of blockchain-based payment solutions.
The growth in transaction volume indicates increasing usage of Solana-based stablecoins for everyday payments, suggesting a potential shift in how digital assets are being utilized in the financial ecosystem. This development comes amidst a broader market downturn, with Solana's price experiencing a 1.95% drop in the past 24 hours and a 7.54% decline over the past week.
While both 
Bitcoin Sistemi and DailyCoin confirm the $141 million figure, they differ in their focus. Bitcoin Sistemi emphasizes the record-breaking transaction volume, while DailyCoin discusses the implications of financing terms and decisions on the sector's ability to expand holdings.
Solana's market cap currently stands at $54.39 billion, reflecting its position as a major player in the cryptocurrency market despite recent price fluctuations. The broader crypto market cap is at $2.65 trillion, with the overall market showing a downward trend.
The Fear & Greed Index is at 26, indicating a state of 'Fear' among investors. This suggests that while Solana-based stablecoin payments are gaining traction, the overall market sentiment remains cautious.
Since this brief published about 3 hours ago, Solana (SOL) has moved from ₹8,748.61$92.16 to ₹8,764.75$92.33 — +0.18%.
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 Token Times'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 ≈ ₹9,706.19 (about $92.33), down 1.6% over 24 hours. The rupee itself trades about 10.7% above the official rate on the P2P market, so a Indian 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.
Token Times 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 $141M in October — questions & answers
What is the significance of the $141 million transaction volume?
It signifies growing adoption of Solana-based stablecoins for real-world payments and sets a new record for this payment category.
How does this development affect Solana's market position?
It reinforces Solana's role in the cryptocurrency market, although the recent price decline indicates market volatility.
What factors might influence future growth in this sector?
Financing terms and decisions, as noted by DailyCoin, will be crucial for the sector's expansion and future growth.
How much is 1 Solana worth in rupee today?
About ₹9,706.19 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $92.33. The rupee price moves with both SOL's US-dollar price and the USDT/INR rate; use our Solana in rupee page for any amount.
Has Solana's price moved since this brief was published?
SOL is up 0.18% since this brief first published — trading at ₹8,765 ($92.33) now versus ₹8,749 ($92.16) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.