July 9, 2026 Nick Dukoff, Director of Institutional Growth at Solana Foundation, explained why blockchain is leading the way in institutional adoption. Dukov said seven of the world’s 29 systemically important banks (GSIBs) are based on Solana. He also highlighted that the network has over $3 billion in real world assets (RWA) and accounts for over 95% of tokenized stock trading volume.
Nick Dukov highlights Solana’s lead in institutional adoptions
In an interview with Fintech TV, Nick Ducoff outlined why Solana is emerging as the preferred blockchain for institutional investors in capital markets and tokenization. Dukov said seven of the world’s 29 GSIBs are based on Solana, including JPMorgan, Morgan Stanley, Citi, BNY, Société Générale and Standard Chartered.
Institutions are increasingly turning to Solana for its unique combination of high performance, low cost, regulation-friendly features, and proven traction in RWA tokenization and capital markets infrastructure.
Why educational institutions should build on Solana
Solana delivers consistent high throughput, sub-second finality, and predictable execution critical to capital markets, payments, and 24/7 operations. Transaction fees are often less than $0.00025. This performance advantage enables attractive use cases in RWA and tokenized securities.
Meanwhile, Solana has emerged as the leading network for tokenized assets, hosting over $3.3 billion in tokenized asset value and over 95% of tokenized stock trading volume as of July 2026. Designed for periods of high demand, it has demonstrated capabilities for institutional-grade payments, global liquidity, and 24/7 access to markets.
Beyond performance, Solana’s compliance features and authorization system are driving adoption among key financial stakeholders. These factors led to an actual operational deployment rather than just a pilot. In Q2 2026, Solana’s tokenized asset spot trading volume hit a quarterly record of $5.77 billion.
What’s next for Solana in institutional finance?
Solana is positioned to further deepen its role in institutional finance through continued technology upgrades and expansion of its tokenization pipeline. Nick Dukov said, “Whatever the future holds, Solana will play a very important role in it.” Continued growth in the volume and institutional tools of RWA could accelerate its mainstream adoption across global finance.
Key short-term accelerators include the full deployment of Firedancer, which increases network resiliency. Future upgrades, such as Alpenglow, are targeted for late 2026 to early 2027 for faster consensus and finality, and may further optimize consensus and remove older mechanisms while improving efficiency and decentralization.
Additionally, there are regulatory tailwinds such as: $SOLWith the classification of digital goods as digital goods and the growing clarity in the US regarding tokenization, the barriers could be lowered even further. McKinsey predicts that in the base case, tokenized assets could reach $2 trillion by 2030, with a range of $1-4 trillion, as high-performance chains like Solana capture a large share of the execution and liquidity layers.
related: Position of Solana Foundation Chairman $SOL As infrastructure for Bitcoin assets
