Core Insights - Solana is experiencing rapid growth in total value locked (TVL), significantly outpacing Ethereum, which may impact Ethereum's market dominance in the future [1][2][5] Group 1: Total Value Locked (TVL) - Solana's ecosystem TVL increased by approximately 198% over the past 12 months, reaching around $38.5 billion [3] - Ethereum's TVL also doubled during the same period, currently standing at about $362.7 billion, indicating that while it is growing, it is not at the same pace as Solana [4] - The stablecoin base shows Ethereum's scale advantage, with $161.1 billion in stablecoins compared to Solana's $12.9 billion, highlighting the significant difference in economic zones [4] Group 2: Growth Potential - Solana is well-positioned to capture new growth segments due to its superior features such as transaction speed and low costs compared to Ethereum [6] - The chain is attracting capital for its ecosystem, particularly in the area of tokenized stocks, which are becoming increasingly popular [7] - Currently, Solana has $69.2 million in tokenized stock value, with most of this growth occurring in the last three months, while Ethereum has $274.8 million, primarily accrued in the past 30 days [9]

Ondo Finance hires ex-SEC official Peter Curley to lead global regulatory strategy. | Credit: Getty Images. Key Takeaways Ondo Finance hires Peter Curley, a former SEC, U.S. Treasury, and Coinbase executive, to lead global regulatory affairs. RWA tokenization has surged to over $28 billion but still lacks uniform regulatory clarity. Governments worldwide are accelerating efforts to release explicit frameworks for tokenized assets. Ondo Finance, one of the leading players in the real-world asset (R ...

Core Insights - Solana is positioned as an ideal blockchain with fast and cheap transactions, smart contract capabilities, and growing catalysts, suggesting a potential value of at least $500 per coin within five years [1] Demand Drivers - Real-world asset (RWA) tokenization is identified as a significant trend for Solana's price growth, with the value of tokenized assets on the platform exceeding $503 million as of September 8, alongside $11.5 billion in stablecoin value [3][4] - The meme coin segment contributes to Solana's demand by attracting retail investors and enhancing decentralized exchange (DEX) liquidity, often surpassing Ethereum in trading volumes during meme coin surges [5][6] Institutional Interest - Several U.S. asset issuers have filed for Solana spot exchange-traded funds (ETFs), with a ruling from the SEC expected on October 16, which could lead to increased capital inflows from institutional asset managers if approved [7][8]