Solana's strategic move towards Nasdaq listing: Focus on fund diversification and institutional adoption

Franklin Templeton has expanded its Franklin On-chain U.S. Government Money Fund (FOBXX) to Solana and is accessible through the BENJI platform. The move, backed by the company’s $1.8 trillion assets, shows growing trust among institutional investors in Solana’s infrastructure. Solana currently accounts for 81% of all DEX transactions, with more than 1,200 projects going live in 2025, enhancing its scalability and ecosystem growth. Funding diversification and regulatory compliance further support its potential prospects for listing on the Nasdaq.