Solana Gains Traction From Institutional Interest, Driven by DeFi and Stablecoin Surge

Solana’s growing reputation in the financial world is attracting increased institutional interest, fueled by surging stablecoin supply and active DeFi activity. Leading the charge is DeFi Development Corp., which recently invested $3 million in Solana tokens, reflecting their confidence in the project’s future. This investment coincides with a significant rise in stablecoin supply on the Solana blockchain, now nearing $13 billion – indicating a more robust ecosystem liquidity. ]