Solana's Institutional Growth Hinges on Value Capture
Solana's growth is reaching new heights, with institutional capital pouring in through tokenized assets, payments, and regulated investment products.
The Solana Foundation reports that US-listed Solana funds have accumulated around $1.19 billion in cumulative net flows by August 24, including seed assets and a prior-product conversion.
This influx of institutional capital is not only driven by tokenized investments but also by payments. For instance, KSNET has agreed to integrate Solana Pay across a South Korean merchant network covering over 330,000 locations.
However, the question remains whether this growing network activity will translate into long-term demand for SOL.