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>Solana, like BNB, is largely a chain used for scam coins and junk. I don't believe they're faking the usage, but i believe the usage is 90% moonboys trading useless junk. and? What's your point? As I'll explain after this, there is far more then that happening on Solana, but if that's all it was... so what? They pay fees and fees are ultimately what every chain needs to survive if they don't want to rely on inflation and it doesn't seem to be going away. But the truth is that Solana facilitates a lot more than just memecoin trading. >What's SOL great for? Scam coins, because everything it does another network does better. Well, considering "scam coins" are treated by every blockchain as just an "asset" that means Solana should be the preferred network at moving any kind of asset around. Institutions have realized this and that's why they're flocking to Solana. Examples: [Kraken Partners with Backed to Launch xStocks on Solana for Tokenized U.S. Equities](https://www.businesswire.com/news/home/20250522005476/en/Kraken-Partners-with-Backed-to-Launch-xStocks-on-Solana-Bringing-Tokenized-Equities-to-the-Masses) [Classover Holdings Secures $500M for Solana-Based Treasury Reserve Strategy](https://www.fintechweekly.com/fintech-news/classover-holdings-secures-500m-to-launch-solana-based-treasury-game) [R3 Collaborates with Solana Foundation to Offer Enterprise-Grade Consensus Service on Solana](https://r3.com/press-releases/r3-signals-strategic-shift-to-lead-the-convergence-of-public-and-private-blockchains-to-deliver-internet-capital-markets-through-collaboration-with-solana-foundation/) [Seven Asset Managers File Solana ETF S-1s with SEC, Including Fidelity and Franklin Templeton](https://t.co/B4O8s6Zf0i) [DeFi Development Corp Secures $5B Equity Line for Solana Treasury Strategy](https://t.co/77yeQ6JXxG) [Robinhood Explores Solana for Tokenized U.S. Stock Trading Platform in Europe](https://www.bloomberg.com/news/articles/2025-05-07/robinhood-hood-plans-blockchain-to-trade-us-assets-in-europe) [Bybit Launches Byreal, First On-Chain DEX on Solana, Targeting Hybrid Finance](https://www.cryptobriefing.com/bybit-byreal-solana-dex-launch/) --- But it's not just institutional interest and memecoins, it's also DePIN, Solana is **easily** the leader in this area and here are some examples showing that: [GEODNET Partners with USDA for Centimeter-Precise GPS, Achieving $3M Annualized Revenue](https://www.theblock.co/post/316439/depin-players-hivemapper-helium-and-helio-chart-real-life-crypto-path-on-solana) [Grass Reaches 1M Users with Chrome Extension for Decentralized Bandwidth Monetization](https://tokeninsight.com/en/insider/leading-depin-projects-on-solana/page/1) [XNET Bridges to Solana, Reduces Token Supply by 90%, and Offloads 150 GB Daily Traffic](https://www.bitget.com/news/detail/1256051681632) [Helium Surpasses 335,000 Mobile Subscribers, Expands 5G Coverage with T-Mobile Partnership] (https://blockworks.co/news/solanas-biggest-depin-is-setting-records) --- But it's not just interest and memecoins *and* DePIN, there is also massive traction in the payment/stablecoin space: [Fiserv Launches FIUSD Stablecoin on Solana, Connecting 10K Banks and 6M Merchants](https://www.coindesk.com/business/2025/06/23/stablecoin-news-fiserv-makes-entrance/) [Visa Expands USDC Stablecoin Settlement Pilot to Solana for Cross-Border Payments](https://www.coindesk.com/business/2023/09/05/visa-expands-stablecoin-settlement-capabilities-to-merchant-acquirers-with-circle/) [PayPal Integrates PYUSD Stablecoin on Solana, Enhancing Payment Scalability](https://cointelegraph.com/news/paypal-solana-pyusd-expansion) [Stripe Supports Solana Payments, Driving Ecosystem Growth for Merchants](https://dailycoin.com/solana-sees-mayor-ecosystem-growth-as-stripe-and-paypal-integrations-lead-the-way/) [Shopify Integrates Solana Pay, Enabling Stablecoin Payments for Millions of Businesses](https://www.theblock.co/post/316439/depin-players-hivemapper-helium-and-helio-chart-real-life-crypto-path-on-solana) [Mastercard Partners with Solana Foundation for Crypto Credential Standards](https://www.nasdaq.com/articles/solana-in-2023:-a-look-back-at-top-storylines-coin-surge-plus-partnerships-with-visa) [Following a Crypto.com issuer pilot, Visa expands stablecoin settlement capabilities with Circle’s USDC, adding pilot programs with merchant acquirers Worldpay and Nuvei, and utilizing the Solana blockchain.](https://usa.visa.com/about-visa/newsroom/press-releases.releaseId.19881.html) --- That's far from everything, but you should get the point.