Solana Shifts Toward Stablecoin Payments as Institutional Use Grows, Report Finds

Solana (SOL) is increasingly being framed less as a ‘memecoin chain’ and more as a high-throughput settlement layer for ‘stablecoin payments’ and institutional money movement—an evolution that could reshape how the network is valued, but not necessarily how its token captures that value.

That’s the central argument of a recent report from Exilist, which said Solana’s first true product-market fit (PMF) was retail-driven speculation, while its next phase is coalescing around stablecoin transfers, payments, and real-world asset (RWA) tokenization. The firm cautioned, however, that rising…  Read more

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