Once hailed as the mecca of Memecoins, Solana now faces a critical juncture as the hype around these speculative tokens fades. A Series of Strategic Moves In recent weeks, the $82 billion blockchain network—ranked sixth by market cap—has rolled out a series of initiatives to expand beyond crypto speculators and viral tokens. In May, the Solana Foundation struck a tokenization deal with global software giant R3, which manages $10 billion in tokenized assets for traditional finance heavyweights...

Once hailed as the mecca of Memecoins, Solana now faces a critical juncture as the hype around these speculative tokens fades. A Series of Strategic Moves In recent weeks, the $82 billion blockchain network—ranked sixth by market cap—has rolled out a series of initiatives to expand beyond crypto speculators and viral tokens. In May, the Solana Foundation struck a tokenization deal with global software giant R3, which manages $10 billion in tokenized assets for traditional finance heavyweights...