According to recently published research by Fidelity Digital Assets, titled Solana’s Competitive Advantage in Onchain Trading, the network is gaining serious momentum. In fact, the firm directly describes it as an emerging piece of financial market infrastructure.
The numbers behind this shift are striking. Solana now accounts for 15% of all major US exchange activity, representing a massive jump from just 0.30% in 2022. The blockchain even managed to briefly surpass the NYSE in total weekly executions. Meanwhile, monthly volumes for tokenized assets have climbed dramatically, expanding from under $100M to nearly $5B.
The numbers behind this shift are striking. Solana now accounts for 15% of all major US exchange activity, representing a massive jump from just 0.30% in 2022. The blockchain even managed to briefly surpass the NYSE in total weekly executions. Meanwhile, monthly volumes for tokenized assets have climbed dramatically, expanding from under $100M to nearly $5B.
