Solana stablecoin holders hit 14M as SOL falls 13% – Can adoption drive SOL?

Solana's stablecoin usage is broadening, as evidenced by the increase of holder address accounts from less than 4 million in October 2024 to 14 million in October. Due to this expansion, there is a greater number of holders who are now exposed to dollar-pegged assets, potentially making stablecoins more accessible for payments, trading, and DeFi activity. As a result of the expanded interest in using Solana [SOL] stablecoins, the acceleration of new holders increased in 2025 and gained further momentum in 2026, pushing holder counts above 10 million.