Mar. 27 at 2:35 PM
💠Weekly Solana Update💠
Access
$SOL easily through your brokerage with The Osprey Solana Trust
$OSOL. ⭐️
📂Fidelity Files For Solana ETF, Blackrock Lags
Fidelity filed a 19b-4 via Cboe to launch a Solana ETF, becoming the largest institution to back
$SOL. As filings from rivals await SEC approval, pressure mounts on BlackRock—despite its recent Solana-linked BUIDL fund move—to avoid missing early institutional adoption.
📈BlackRock’s BUIDL Fund Expands To Solana
BlackRock’s
$1.7B blockchain-based money market fund, BUIDL, is now live on Solana, Securitize announced. The fund holds cash and Treasuries, with custodial support from BNY Mellon, Anchorage, Copper, and Fireblocks.
💵Stablecoin Supply On Solana Hits Record
$12.8B
Stablecoin supply on Solana has surged to over
$12.8B, the highest since January 2021, per Flipside. Over
$1.2B was minted in March alone, up 10.7% month-over-month, signaling sustained growth and liquidity beyond short-term memecoin trends.