Solana Weekly Ecosystem Report | Highlights from the Past Seven Days

This week, the Solana ecosystem continued to send positive signals. The most eye-catching development is the explosion of the RWA( real-world asset tokenization) track — the total on-chain tokenized RWAs surpassed $873 million, a 325% increase compared to the same period last year, indicating that the trend of bringing traditional financial assets onto the blockchain is irreversible.

There have also been new developments in stablecoins. The FRNT token based on Solana has officially launched trading, quickly gaining liquidity supported by well-known trading platforms. The launch of these new projects demonstrates ongoing improvements in the ecosystem infrastructure.

More notably, institutional movements are worth paying attention to — Morgan Stanley has officially submitted applications for spot BTC and SOL ETFs, another signal of traditional finance's compromise with Web3. When top investment banks start allocating crypto exposure to mainstream asset classes, market maturity becomes evident.

Additionally, Solana Mobile's Seeker project announced significant updates, continuing to explore possibilities within the mobile ecosystem. Overall, this week, Solana made breakthroughs across multiple dimensions including RWA, stablecoins, institutional recognition, and mobile applications.