Solana News Today: Solana Surpasses 10B USDC as Circle Fuels Blockchain's Scalability Push

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Monday, Nov 24, 2025 7:53 pm ET1min read
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- Circle mints 10B USDCUSDC-- on SolanaSOL-- since October 11, highlighting blockchain's scalability and low-cost advantages for stablecoin adoption.

- SNDL Inc.SNDL-- renews C$100M share buyback program (10% of float), driving 1.86% post-announcement stock surge in after-hours trading.

- TSA projects record 3M+ Thanksgiving travelers on Nov 30, 2025, with 17.8M+ total holiday passengers attributed to "Golden Age of Travel" policies.

- BitcoinBTC-- Munari launches $0.10 presale (up to $3.00) with 53% supply allocation, targeting 2026 testnet and 2027 Layer-1 migration.

Circle has once again minted 5 billion USDCUSDC-- on the SolanaSOL-- network, bringing the total issued since October 11 to 10 billion USDC according to the company. This move underscores the growing adoption of Solana as a platform for stablecoin issuance, with USDC's expansion reflecting broader confidence in the blockchain's scalability and low-cost transaction capabilities. The development comes amid a flurry of activity across the crypto and traditional finance sectors, including major announcements from cannabis stocks, transportation security agencies, and emerging token projects.

In a separate development, SNDL Inc. (NASDAQ: SNDL, CSE: SNDL) has renewed its share repurchase program, approved by the Canadian Securities Exchange to buy back up to C$100 million worth of shares. The program, which allows for the repurchase of approximately 24.5 million shares-10% of the public float-runs from November 21, 2025, to November 20, 2026. SNDL, a Canadian cannabis company, previously repurchased 9.48 million shares under its prior program, which expired on the same date the new initiative begins. The stock rose 1.86% in after-hours trading to $1.64 following the announcement.

Meanwhile, the Transportation Security Administration (TSA) is preparing for what it calls a "Golden Age of Travel," with projections of screening over 3 million Thanksgiving travelers on Sunday, November 30, 2025. This day is expected to rank among the busiest in TSA history, with total holiday travel between November 25 and December 2 surpassing 17.8 million passengers. TSA Administrator Adam Stahl attributed the surge to President Trump's policies, highlighting that eight of the top 10 travel days in TSA history have occurred in 2025 alone.

In the crypto space, Bitcoin Munari has launched a public presale at an initial price of $0.10 per token. The project's presale structure spans ten rounds, with prices incrementally increasing up to $3.00, and 53% of the total supply allocated for distribution. The tokens will unlock on January 20, 2026, coinciding with the SPL token release on Solana. BitcoinBTC-- Munari's roadmap includes a 2026 public testnet and a planned migration to a Layer-1 network by 2027, emphasizing a phased approach to deployment and technical development.

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