Institutional interest in Solana grows while SOL price lags

Beincrypto reports institutional demand for Solana is rising through ETFs, stablecoins and tokenized assets, yet SOL’s price has not followed: US Solana ETFs held more than $1 billion in net assets in early 2026, while SOL has fallen more than 50% over the past year and now trades near levels last seen two years ago.

The network has seen several institutional-focused developments. The Wyoming Stable Token Commission launched the FRNT stablecoin on Solana with reserves managed by Franklin Templeton, and Jupiter introduced JupUSD in partnership with Ethena Labs, with about 90% of its reserves in USDtb backed by BlackRock’s tokenized BUIDL fund and 10% in USDC.

The Kobeissi Letter reported a more than $900 million surge in Solana stablecoin supply within 24 hours, taking total stablecoin supply on Solana above $15 billion, though that remains small compared with Ethereum’s $181 billion and Tron’s $81 billion, per Token Terminal. Data from RWA.xyz shows real-world assets (excluding stablecoins) on Solana topped $931 million, driven by tokenized shares and demand from firms such as BlackRock and VanEck, while Ethereum and BNB Chain remain the leaders with about $12.7 billion and $2 billion respectively.

Key Topics

Crypto, Solana, Sol, Frnt Stablecoin, Jupusd, Franklin Templeton