Solana is regarded as the future of stablecoins due to its fast speed and high processing capability, even surpassing Ethereum in the eyes of many experts.
This blockchain attracts strong interest in the DeFi sector and has great potential for development in ETFs, thanks to its technical advantages and acceptance from institutional investors.
MAIN CONTENT
Solana is seen as a suitable platform for the future of stablecoins, standing out more than Ethereum.
Ethereum still leads in stablecoin market cap and institutional adoption, while Solana is breaking through in DeFi activity and trading.
Solana has great potential in the crypto ETF market with many large companies registering related products.
Is Solana the future of stablecoins?
Greg King, CEO of REX Financial, believes Solana has greater potential than Ethereum in the stablecoin sector due to its superior speed and processing capability.
He believes many overlook Solana by focusing only on stablecoins on Ethereum. According to him, Solana's technology and performance are the bright spots in developing stablecoins in the future.
This view attracts both supporters and critics in the cryptocurrency market, creating a noteworthy debate.
Why does Ethereum still lead while Solana is thriving in DeFi?
Ethereum currently holds a real market cap of stablecoins up to $143.8 billion, significantly larger than Solana's $11.8 billion, according to data from Defilama.
Ethereum attracts many institutions and leads in DEX trading volume alongside crypto assets. However, Solana has a dynamic on-chain activity, with more than 2 million active addresses daily and DEX trading volume sometimes nearly double that of Ethereum.
Key developments on Solana include stablecoin payments, cross-chain swaps, and new DeFi protocols expanding the ecosystem, proving Solana's resilience in many aspects.
Where does Solana stand in the crypto ETF market?
Greg King considers Solana to be one of the top five coins with outstanding ETF development potential, thanks to its speed, high staking rewards, and role as a counterweight to Ethereum.
He also emphasized that cryptocurrency ETF issuers need to be cautious, focusing only on top 20 coins to avoid risk. Currently, 9 major companies like Bitwise, Grayscale, VanEck… have registered spot ETF products for Solana.
Bloomberg analysts forecast a 95% chance of Solana ETF approval, indicating confidence in the future of this coin.
“When I see the debate about stablecoins primarily on Ethereum, I realize this is a major oversight. Solana is the true future story of stablecoins.”
– Greg King, CEO REX Financial, Interviewed by Bloomberg TV, August 2025
“Solana has not only exploded in continuous futures trading but also established a continuous record of 11 weeks of inflows into ETFs, with $12 million last week.”
– Solana market analysis, August 2025
Frequently Asked Questions
Can Solana really replace Ethereum for stablecoins?
Solana is highly regarded for its speed and processing, but currently, its stablecoin market cap is still lower than Ethereum's, aligning with long-term predictions based on technology.
How is the stablecoin market on Solana developing?
The stablecoin market cap on Solana reached about $11.8 billion, growing strongly thanks to DeFi protocols and continuously increasing liquidity.
What is different about the Solana ETF?
Solana ETFs are attractive as they provide direct staking rewards and are the first product focused on crypto staking in the United States.
Who is behind the Solana ETF funds?
Many reputable companies like Bitwise, Grayscale, VanEck, 21Shares, and Canary Capital are registering ETF funds related to Solana.
How does trading activity on Solana compare to Ethereum?
Solana has a rapidly growing number of active addresses and DEX trading volume, even surpassing Ethereum in some recent timeframes.
Source: https://tintucbitcoin.com/solana-moi-la-tuong-lai-stablecoin/
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