TechFlow, October 5 — According to Cointelegraph, Bitwise Chief Investment Officer Matt Hougan said that with its high speed and instant finality, Solana is poised to become Wall Street’s preferred blockchain for stablecoins and asset tokenization. While Ethereum still dominates with around 59% market share, Solana’s stablecoin volume has grown to $13.9 billion. Bitwise’s Solana spot ETF is currently awaiting approval from the U.S. Securities and Exchange Commission (SEC), with a final decision expected by October 16.
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