Despite Solana’s rapid growth and increased transaction volumes, questions remain about its long-term viability in attracting institutional investment. According to crypto bank group Sygnum, Ethereum currently stands as the preferred blockchain for financial institutions due to its proven stability, security, and established track record. Sygnum highlights that while Solana has experienced a surge in transaction fees, its revenue model remains unstable due to heavy reliance on memecoin projects. The group notes that market sentiment towards Solana is influenced by its dominance in fee generation, but ultimately the decision-making process for institutions will be driven by factors beyond short-term price fluctuations. )