North Dakota Banks Launch Stablecoin on Solana
Solana (SOL)
Editor:
Eugene Serbin
Cryptocurrency.com.tr reports that a national network of regional and community banks in North Dakota is launching its own stablecoin network. These banks have selected Solana to settle their new digital asset. The outlet notes that even banks in North Dakota are realizing this shift toward blockchain settlement. The report confirms that this initiative is part of a broader national network of community banks entering the stablecoin space.
How the market reacted
Whalio's own Binance spot order flow for SOL, measured when this story was written up on 3 October 2026. Not the outlet's figures.
Solana is trading at $118.65 on Binance spot markets with a 24-hour volume of $388,241,664. The 1-hour buy ratio is 58.2%, which is higher than the 24-hour average of 51.1%, indicating that short-term buying pressure is building. The 4-hour buy ratio of 54.1% also sits above the daily average, suggesting sustained interest over a slightly longer timeframe. Volume delta reflects this activity with positive inflows of $464,943 in the last hour and $1,631,617 over four hours. This means buyers are actively outweighing sellers in recent intervals, contributing to a net positive volume delta of $8,611,160 over the past day.
The latest daily buy ratio of 48.8% sits at the 27th percentile of the last 322 days, against a median of 50.0% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SOL, averaged over the days leading up to the story.
Over the preceding week, Solana saw a 7-day average buy ratio of 51.3%, which is nearly identical to the current 24-hour reading of 51.1%. The latest day's buy ratio was 0.2 points lower than the weekly average, showing a slight dip in relative buying strength. However, trading volume was 1.23 times the weekly average, indicating significantly higher activity than usual. The coin experienced a price change of -2.9% over eight days, with a total volume delta of +$81,374,479. This suggests that while volume is elevated compared to the norm, the price has declined slightly despite net positive volume.