Ecocosystem Solana has an unusual level of popularity lately. Meme coins remain the engine, but more importantly, Morgan Stanley has initiated the application process for a SOL ETF — this means institutional funds are not far from entering the market at significant scale. Data supports this judgment: last year, applications on the Solana chain helped users earn $2.39 billion, indicating the ecosystem is not just hype.

At the same time, exchanges are accelerating their deployment of new products, launching innovative features like life plan products, attempting to capitalize on this cycle from different dimensions. All signals point to the same direction — the window for large capital and major institutions to enter is opening.