Wall Street moves onto Solana as Securitize, Samsung and Solana Foundation expand use cases, but SOL slides 8%
- —Securitize launched tokenized Apple, Nvidia, Microsoft, Tesla, Amazon and Meta shares on Solana with USDC settlement
- —Samsung Wallet will add USDC international transfers for tens of millions of Galaxy devices in the US
- —Solana Foundation introduced a tool for institutional Delivery versus Payment settlement
- —SOL dropped about 8% on the week as spot SOL ETFs bled roughly $25 million over five sessions
Why it matters: Institutional adoption of Solana is not translating into token demand: the network can process tokenized stocks and stablecoin payments with minimal SOL usage.
Source: CriptoTendencias