Why Solana remains top altcoin status amid ETF extension: Deepening the growth of infrastructure and ecosystems
Source: CoinWorld
Time: 2025-09-14 07:53:41
Despite the delay in spot ETF approvals based on Ethereum, which has resulted in a vacuum in the altcoin market, Solana (SOL) continues to outperform its products with its infrastructure innovation and ecosystem expansion. Its key developments include Solana certification services for off-chain data verification, shipments of more than 150,000 Solana Mobile devices, and a dominance of 81% in DEX transactions. Adoption among institutional investors surged as Franklin Templeton integrated Solana into its money fund, while partnerships with Worldpay and Nuvei enabled Visa-compatible USDC transactions. Solana's fast transaction speed and low cost attract many developers, cementing its position as a top alternative that is not affected by the ETF schedule.