Solana acquired a new praise from one angle of the encryption world this week, where the great asset manager said the series could become the Wall Street network in favor of Stablecoins and assets in the real world.
The suspension comes at a time when market participants weigh the speed and settlement features, along with raw dollar groups on the chain.
BitWise Solana “calls the new Wall Street”
According to Bitwise’s chief investment official, Matt Hogan, traditional financing began to take Solana Very seriously due to the speed of its treatment and final, the features that appeal to institutional merchants who are interested in a quick settlement.
Hougan made the statements while talking to Solana Labs’ Akshay Rajan on October 2. He referred to an improvement in leveling times from about 400 microscopic to approximately 150 microscopic, as a practical example of the reason for some investors closely seen.
This technical condition is only part of the image. The market size still prefers other networks with a large margin. According to the analyzes of the series mentioned in modern reports, Stablecoin’s supplies on Solana stand approximately $ 14 billion, or about 4.5 % of the series Stablecoin market.
yes it is Solana. Exciting times in the future. https://t.co/PVX1WTGFX4
– Matt_hougan October 4, 2025
In contrast to that, ethereum It owns about $ 173 billion, or nearly 60 % of the market on its own-a share that extends to 65 % when the main layer networks such as definition, base and pose are calculated. These numbers emphasize how much Solana needs to cover to falsify ETAREUM for most Stablecoin version.
Ethereum still dominates stablecoins
Voices of the ecological system have pushed back. AJ Warner, chief strategic official at Offchain Labs, argued that although the closed total value is only one scale, the EVM environment remains the clear place to launch new Stablecoins due to the tools of developers and current integration.
This opinion reflects a cautious position on parts of traditional financing that prefers systems with long records and wide tools.
Bitwise’s private movements show that the company is betting in both directions. The company already runs a slightly physical Solana ETP with approximately $ 30 million of management assets, which is a small amount compared to bitcoin products and ether products, but a tangible step towards giving investors exposed to Sol through institutional custody and familiar boxes.
On the edge of something big
If the speed and efficiency of Solana can beat the same bankers who have doubted time in Crypto completely, Crown from Wall Street’s Stablecoin may not rest with ethereum for a long time.
The height of the chain from an experimental network to the potential financial spine shows the speed of the shift when the performance meets the purpose.
Whether this is through the next ETF in BitWise or the adoption of the broader institutions, Solana now stands on the edge of something rare in encryption – an opportunity to reshape how the largest players move.
Distinctive image from Unsplash, tradingvief chart
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