Summary
- The Solana (SOL) ecosystem is said to be shifting from meme coins, NFTs, and short-term speculative games toward financial infrastructure, decentralized finance, trading, and payments.
- Solana is strengthening its “internet capital market” vision based on high-speed on-chain transaction processing, payments, and settlement, while traditional finance interest in tokenization, stablecoins, and on-chain settlement is growing.
- Solana is adopting a strategy that emphasizes the role of a “neutral settlement layer” and engagement with regulation to prepare for global finance moving on-chain, a choice expected to deliver long-term results.
The Solana (SOL) ecosystem is being assessed as entering a new phase, moving past an era dominated by meme coins and experimental projects and shifting its focus to building financial infrastructure.
According to crypto-focused media outlet CoinDesk on the 27th, Armani Ferrante, CEO of crypto exchange Backpack, said in an interview that “over the past year, Solana has taken a more disciplined direction, focusing on financial infrastructure.” He added, “There’s now far more discussion around decentralized finance, trading, and payments than around NFTs or short-term speculative games.”
Ferrante said that while these changes may make Solana look less flashy from the outside, they are instead a sign of maturity. “People are starting to recognize blockchain seriously as a new form of financial infrastructure,” he said, adding that “the focus is shifting toward finance rather than random experimentation.”
Solana is currently reinforcing its vision of an “internet capital market,” centered on high-speed on-chain transaction processing, payments, and settlement functions. Ferrante noted that while broader crypto price action remains weak, interest from traditional finance is growing. “If you look at Wall Street, there has never been a time as optimistic about blockchain as now,” he said, citing rising demand for tokenization, stablecoins, and on-chain settlement.
Over the long term, he defined Solana’s and blockchain’s core role as a “neutral settlement layer.” “A token is ultimately just a standardized ledger entry that records ownership of some asset,” Ferrante said, adding that “this concept can be applied to all assets, including stocks and derivatives.”
He emphasized, however, that real-world adoption requires engagement with regulation. “Maturity ultimately means touching the real world,” he said, adding that “the real world is not a regulation-free free-for-all.”
Ferrante said, “Even if Solana gives up short-term overheating, it is choosing to prepare for the shift of global finance on-chain,” and projected that “the strategy will ultimately translate into results.”
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
