Solana’s Ecosystem Expands: New ETFs, BONK ETP & More

Solana continues to grow its ecosystem with a series of updates aimed at payments, institutional access, staking, and token onboarding. Key developments include Western Union’s stablecoin launch, new SOL ETFs, the BONK exchange-traded product (ETP), and the Sunrise platform for instant liquidity. Western Union is launching a USDPT stablecoin on Solana in early 2026 to improve cross-border remittances with low fees and faster settlement times. The stablecoin’s launch comes alongside Western Union’s Digital Asset Network that connects digital wallets with its 400,000 physical outlets for sending and receiving tokens.