Now Playing
SBI Japan, $3.3B RWA & Why SOL Can't Catch a Bid
Audio is available on Spreaker — see link below.
Solana hits one billion weekly transactions and $3.3B in tokenized assets — yet SOL trades at $76. Today's episode breaks down why record on-chain fundamentals aren't moving the token, plus SBI Holdings' landmark Japan partnership, Clearstream custody, Open USD, a $14.2M genesis wallet exploit, and the Alpenglow upgrade on the horizon.
Audio is available on Spreaker — see link below.
Solana just processed over one billion transactions in a single week, with nearly thirty million active wallets, and the token is sitting at seventy-six dollars. That's the situation.
Now, on the institutional side, the signal is getting louder. Japan's SBI Holdings, a two-hundred-and-thirty-billion-dollar financial conglomerate, announced a strategic partnership to build Japan's first crypto financial market on Solana.
That framing extends further when you look at the tokenized asset numbers. Solana now holds three-point-three billion dollars in tokenized assets.
Two other institutional moves deserve attention. Clearstream, owned by Deutsche Börse, added SOL to its MiCA-licensed custody offering.
The token price tells a different story. SOL fell six percent on the week after failing to break the seventy-eight to eighty dollar resistance zone multiple times.
Add to that a fourteen-point-two-million-dollar exploit involving an old Solana genesis wallet, drained through unstaking and bridged to Ethereum. The protocol itself wasn't compromised.
The Alpenglow consensus upgrade, targeting one-hundred-and-fifty-millisecond finality and set for Q3 twenty-twenty-six, could change the technical conversation. A one-hundred-times speed improvement at a moment when institutions are actively building would matter.
Chapter summary auto-generated from the verified script. Listen to the full episode for the complete content.