Solana’s high-throughput, low-cost architecture is attracting major institutional players, with seven global systemically important banks now building on the network. Among them, Morgan Stanley and JP Morgan are leveraging Solana to tokenize real-world assets. Morgan Stanley has developed two Solana-based financial products, including the Morgan Stanley Solana Trust, while JP Morgan has helped create on-chain commercial paper issuances on Solana.
The network’s technical efficiency is a key draw. Solana can theoretically process up to 65,000 transactions per second, with real-world speeds ranging from 1,100 to 6,200 TPS. More than $3 billion in real-world assets are already on Solana, and its on-chain asset base is approaching $4 billion as tokenization expands. The infrastructure supports continuous engagement across time zones, increasing its appeal for regulated financial products.
In August, Solana’s spot trading volume surpassed Bybit and Coinbase for the second consecutive month, ranking second only behind Binance. Solana generated approximately $46.8 billion in total trading volume over the past 30 days and processed a record 5.2 billion non-vote transactions in August. Bybit, by comparison, handles about $25 billion in daily trading but remains heavily focused on derivatives, making Solana’s spot volume performance especially notable. This momentum reflects a broader shift toward efficient decentralized networks as real-world asset tokenization and user confidence continue to grow.