Solana Stablecoin Volume Tops $650B as Liquidity Shifts From Ethereum

BlackRock transferred 2,200 BTC and 2,417 ETH — about $153 million combined — to Coinbase as ETF inflows remain strong and regulatory filings progress. The move highlights continued institutional positioning ahead of potential product rollouts.

The Ethereum Foundation has begun staking part of its treasury and plans to allocate up to 70,000 ETH, as the network's staked supply approaches one-third of circulating ETH.

Florida lawmakers approved a broad state-level regulatory framework for payment stablecoins with a 37–0 vote, advancing the measure to Gov. Ron DeSantis. If signed, it could become the nation’s first comprehensive state regime for stablecoin payments.

Ethereum rose about 4% over the past 24 hours to reclaim the $2,000 mark after BitMine — led by Tom Lee — disclosed a new ETH purchase that brings its treasury to roughly $9 billion. The move appears to have bolstered market sentiment following a weekend dip below $2,000.

Coinbase Advanced has rolled out regulated Bitcoin, Solana, and equity index futures to traders in 26 European countries, effective March 9, 2026. The launch expands access to cleared, exchange-listed derivatives on Coinbase's European platform.