Solana key to crypto's internet capital markets phase, says Tiger Research

The cryptocurrency market is moving beyond technical experimentation into an industrialization phase, with its ultimate form being the creation of internet capital markets, according to a report from Tiger Research, an Asia-based Web3 research and consulting firm. The report identifies Solana (SOL) as the network where this transition is most concretely being realized. As the U.S. leads in establishing a legal framework for crypto, Solana is positioning itself as a central network for building institutional use cases while designing for regulatory compliance, the firm stated. As part of this effort, the network is supporting the on-chain onboarding of major global financial institutions, including JPMorgan, State Street, and Citigroup. Tiger Research concluded that among public chains, Solana is the most active in collaborating with institutions and is accumulating a track record of real-world transactions.