Solana emerges as an institutional favorite following PayPal USD launch

Solana could emerge as a leading blockchain for payments institutions. Is a Solana-based ETF next?

Solana, the fourth-largest blockchain in terms of total value locked (TVL), is becoming a leading network in institutional adoption.

Increasingly more financial institutions will be integrating with the Solana blockchain to “future-proof” their offerings, according to Robinson Burkey, the CCO and co-founder of Wormhole Foundation.

Burkey wrote in a research note shared with Cointelegraph:

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