Bitwise executives: The speed and certainty of Solana make it the preferred network for Wall Street stablecoins and RWA tokenization.

Odaily News The Chief Investment Officer of the cryptocurrency asset management company Bitwise, Matt Hougan, stated that Solana, with its high speed, high throughput, and transaction certainty, will become the preferred network for Wall Street in stablecoin and RWA tokenization. Hougan pointed out that Solana's extremely fast settlement speed (which has improved from 400 microseconds to 150 microseconds) is attractive to traders. Although Ethereum still dominates the total value of stablecoins (approximately $172.5 billion) with a market share of 59%, Solana's stablecoin supply has also risen to $13.9 billion. Bitwise is optimistic about Solana in the long term, and the final decision on its spot Solana ETF is expected to be announced on October 16. (Cointelegraph)