How high could Solana’s valuation go if Wall Street starts using it properly?
Solana's high throughput and low latency are positioning it as a potential infrastructure choice for Wall Street's tokenization efforts, contrasting with Ethereum.Summary
While Ethereum was long assumed to be the blockchain of choice for institutional adoption, Solana is emerging as a serious contender, particularly for tokenization efforts, due to its high performance characteristics like sub-second finality and negligible fees.
Solana's raw throughput capabilities (over 3,000 TPS) are being reframed from fueling retail speculation to forming the foundation for institutional-grade settlement, attracting attention from analysts like Bitwise CIO Matt Hougan. However, the network's current economic density, measured by user-initiated trades, is significantly lower than traditional exchanges like Nasdaq, though developers anticipate future upgrades will enhance reliability.
New valuation models, such as one by Artemis CEO Jon Ma, suggest that if blockchains are valued as infrastructure supporting a $10 to $16 trillion global tokenization market by 2030, Solana capturing even 5% of that activity could lead to a market capitalization near $880 billion. This shift in assessment prioritizes performance and cost efficiency, leveraging Solana's core strengths even as Ethereum maintains advantages in security and tooling maturity.
(Source：CryptoSlate)