State Street and Galaxy just launched a yield fund on Solana, specifically converting idle stablecoins on-chain into productive assets. This move adds a thick layer of support to Solana's fundamentals.
Previously, the old money was just spectating, but now they are seriously using Solana as a financial backbone. The entry of these TradFi giants is essentially capitalizing on the liquidity dividends of high-performance chains, and Solana's first-mover advantage in RWA and institutional-level applications is becoming harder to shake. Instead of fixating on price fluctuations, it’s better to look at hard metrics like TVL and institutional adoption rates; this long-term logic provides more strength than short-term sentiment. Solana's financial infrastructure attributes are becoming increasingly solid. What does everyone think about this influx of old money? #Solana #TradFi #RWA #Galaxy #StateStreet $SOL
Previously, the old money was just spectating, but now they are seriously using Solana as a financial backbone. The entry of these TradFi giants is essentially capitalizing on the liquidity dividends of high-performance chains, and Solana's first-mover advantage in RWA and institutional-level applications is becoming harder to shake. Instead of fixating on price fluctuations, it’s better to look at hard metrics like TVL and institutional adoption rates; this long-term logic provides more strength than short-term sentiment. Solana's financial infrastructure attributes are becoming increasingly solid. What does everyone think about this influx of old money? #Solana #TradFi #RWA #Galaxy #StateStreet $SOL