Solstice CEO Ben Nadareski stated that as liquidity deepens and institutional investor participation increases, the crypto market is unlikely to return to extreme boom-bust cycles. He also predicted that the volume of stablecoins on the Solana network will exceed $50 billion within the next five years and could approach $100 billion.
BTC Volatility Fell from 84.4% to 43% as Volumes Rose
Market data supports Nadareski’s view. A December 2025 report from Glassnode and Fasanara Digital recorded a drop in Bitcoin’s annual realized volatility from 84.4% to 43%, partly due to increased market depth and institutional involvement. The same report noted that daily spot BTC volumes rose to $8–22 billion, compared to $4–13 billion in the previous cycle.
Earlier, SkyBridge Capital managing partner Anthony Scaramucci remarked in March that Bitcoin’s four-year cycle has been “muted” by institutional investors and inflows into spot BTC ETFs, though it has not disappeared entirely.
Stablecoins Accounted for 75% of Turnover in Q1 2026
Stablecoins are becoming a key source of liquidity. According to CEX.IO, in the first quarter of 2026, stablecoins provided 75% of total crypto market trading volume—a record high—with transaction volume exceeding $28 trillion.
About $16 Billion in Stablecoins on Solana Network
According to DefiLlama, the capitalization of stablecoins in the Solana ecosystem is about $16 billion. Nadareski said further growth could be driven by integrations from fintech companies, as well as the network’s high speed and low fees.
