$SOL



The traditional financial sector is making a big move again—an elite Wall Street investment bank recently helped Galaxy issue and settle $50 million in commercial papers on the Solana blockchain.

This may seem insignificant, but the signals are quite strong. Traditional institutions are beginning to genuinely move physical assets onto the chain, and they are choosing public blockchains, not private consortium chains. The entire process has been streamlined, making it significantly faster than traditional methods.

More importantly, if these pilot projects are scaled up, what does it mean? A massive influx of traditional funds will have compliant channels to enter, and the blockchain will no longer be just a playground for speculative trading. Solana has long been known for its speed and low costs, and now, with this level of cooperation, the ecological potential is greatly expanded.

Of course, it’s still in the pilot phase, but the direction is very clear—the RWA (Real-World Assets) track is truly starting to move seriously.
SOL-1.27%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
FunGibleTomvip
· 12-11 17:44
Sol is finally here, and Wall Street has finally decided to move money onto the chain. Traditional finance entering RWA, Solana's positioning is still excellent; it outperforms other chains in both speed and cost, making it hard not to take off. The key is to expand the pilot program; only then will real large funds enter the market, and the crypto space will officially step into the mainstream.
View OriginalReply0
RumbleValidatorvip
· 12-11 17:39
SOL this time is indeed a real test of the validation nodes' stability. The $50 million settlement flow requires the network to be highly reliable, not something to be taken lightly. It depends on whether Solana's consensus mechanism can truly handle this level of institutional-grade transaction throughput.
View OriginalReply0
ChainWatchervip
· 12-11 17:26
Oh my, Wall Street has finally woken up, really moving money onto the chain SOL this wave caught a big fish, is RWA about to take off? It's just a pilot, but this is the breakthrough, traditional finance is starting to get serious
View OriginalReply0
ApeWithNoChainvip
· 12-11 17:24
Is SOL about to take off? Wall Street is serious this time; 50 million is just the appetizer, right?
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)