All Eyes On Solana: $15-B Stablecoin Supply, ETF Demand Drive Next Leg Up

Investors have piled into Solana-linked products and on-chain cash, pushing the network back into the ￰0￱ on reports, the total supply of stablecoins sitting on Solana recently climbed to about $15 billion, a new peak that traders say is adding fuel to activity on the ￰1￱ Reading: 2%–4% In Crypto? Morgan Stanley Thinks That’s The Smart Move Now Stablecoin Liquidity Hits A Milestone The bulk of that supply is held in USDC, which accounts for roughly 75% of stablecoins on Solana, according to analytics cited by market ￰2￱ concentration has helped trading desks and decentralized apps move larger sums with less friction than on some rival ￰3￱ top of the on-chain cash, US-listed ETFs tied to Solana and related products have recorded fast early takeup, giving institutions a simpler route into the token and staking ￰4￱ REX-Osprey SOL + Staking ETF, known by the ticker SSK, passed the $100 million AUM mark within days of launch, showing how appetite for regulated access to Solana can materialize ￰5￱ Bring Fresh Flows And Visibility Reports show that REX-Osprey’s suite of crypto ETFs has now crossed half a billion dollars in combined assets under management, a sign that product innovation on Wall Street is translating into real capital flows into the ￰6￱ watchers say ETFs let big investors get exposure without interacting directly with wallets and custody ￰7￱ Upgrades, Use Cases Part Of The Move Observers point to recent code upgrades and faster settlement as part of why more stablecoins are parked on ￰8￱ changes aim to reduce delays and lower costs for traders who move USDC and other dollar-pegged ￰9￱ technical gains in and of itself do not produce price movement, they can enhance a network’s attractiveness for high-frequency activity and for projects focused on tokenized assets that require transaction ￰10￱ Reading: Bitcoin Breaks $123,000 As Rising Open Interest Signals More Action Ahead Regulatory Framework Remains Relevant Regulation and approvals in the United States have influenced this ￰11￱ managers have filed for Solana ETFs and modified their necessary paperwork with the SEC while awaiting permits to list a product tied to the ￰12￱ to a recent reports, multiple firms have updated their submissions while the regulator is still ￰13￱ broader political backdrop, including comments from US President Donald Trump and others, has kept attention on how policy could tilt institutional ￰14￱ image from Unsplash, chart from TradingView