Bitwise pick Solana Stablecoin Network for Wall Street

Published: 2025-10-06 10:47:55 |

Bitwise don talk say Solana stablecoin network na di Wall Street top choice for stablecoin issuance and tokenization. Solana stablecoin network dey deliver high throughput and 150-microsecond settlement wey quick final transaction. On-chain data show say stablecoin supply for Solana don climb reach $13.9bn (4.7% market share), while Ethereum get $172.5bn (59%). Financial institutions dey like am cos e get low fees and faster unstaking, ahead Solana Alpenglow upgrade wey go happen soon. Bitwise dey run $30mn Physical Solana ETP and dey wait SEC approval for spot SOL ETF, decision go land by October 16.

Bullish

Bitwise endorsement of Solana stablecoin network dey signal say institutional adoption dey increase. Growth from $13.9bn stablecoins plus the pending SEC decision on spot SOL ETF na strong catalysts. Network upgrades and faster settlement dey boost Solana competitive edge more. Short-term trading fit see positive momentum as ETF approval dey approach. Long-term tokenization prospects and staking advantages dey support steady demand for SOL.