2026-01-08 18:24:27

In the past two months, institutional capital has been increasingly active on Solana. Franklin Templeton launched a reserve stablecoin, Morgan Stanley introduced a Solana trust product, payment giant Visa expanded its USDC operations to Solana, and JPMorgan issued tokenized commercial paper—these series of actions all point in the same direction: traditional financial giants are seriously testing the feasibility of Solana as a settlement channel.

On-chain data also confirms this trend. The total amount of stablecoins on the Solana network has reached $15 billion, and active addresses have surpassed 2.37 million. Such growth is indeed impressive. However, there is an unavoidable issue—centralization risk remains a major concern in the industry, especially as large sums of funds and institutional participation increase, making this problem even more prominent.

SOL-2.57%

USDC0.02%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

10 Likes

Reward
10
7
Repost
Share

Comment

0/400

TaxEvader

· 01-08 18:48

All major capital is in All in Solana now, and the central risk is even more concerning. The institutions are so active, which shows that Solana really has something, but the pit of centralization still needs to be filled. Wait, a stablecoin scale of 15 billion... If something goes wrong, how many people will lose everything? Traditional finance entering the space is a double-edged sword; it makes money quickly but also doubles the risk. Solana has risen this time, but don't forget why Satoshi Nakamoto created Bitcoin. JPMorgan Chase is also here, indicating that this is no longer a bubble, and there's some confidence. Centralization risk, really, can't only look at growth data. 237,000 active addresses look impressive, but how concentrated is the top? In the capital game, in the end, retail investors are the ones getting cut, old routine.

View OriginalReply0

RadioShackKnight

· 01-08 18:44

Major institutions are rushing into SOL, in other words, betting that it can outlast other chains. Institutional players entering the market is a good thing, but the real test has just begun. Can SOL withstand the hammer of centralization? Honestly, it's a bit uncertain. A $15 billion stablecoin market cap looks impressive, but if something really happens, who will cover the losses? Franklin and JP Morgan are betting on SOL, but I'm more concerned about when this chain will truly decentralize. Seeing institutions rushing into SOL, it feels like they have long been confident in the future of this chain. Centralization risk... this term is always a meme in crypto.

View OriginalReply0

FUDwatcher

· 01-08 18:43

sol this time is really coming, but the centralized risk indeed can't hold up --- 150 billion stablecoins? Where's the decentralization promised haha --- Big institutions rushing in, but it makes them even more anxious... --- Franklin, JP Morgan have all entered the scene, feels like sol is about to take off? --- Regarding centralized risk, I just don't believe it can be solved --- Active addresses are 2.37 million, looks impressive, but is it really institutions playing? --- Visa is here, do we still need to doubt? It's just a matter of how big the bet is --- Wait, is this really Solana's victory or another form of traditional finance's harvest? --- Settlement channels are just settlement channels, how is risk diversified?

View OriginalReply0

GasFeeVictim

· 01-08 18:43

Large institutions are flocking in, it feels like SOL is about to take off Institutional entry is a good thing, but the risk of centralization must be guarded against To put it simply, you want to make money and be assured—it's not that easy A market cap of 15 billion stablecoins is not small, but where are the real risks? Solana is now like a rising star, everyone wants to make a quick profit from it, how long it can last remains to be seen It feels a bit too optimistic; history always repeats itself If something goes wrong this time, retail investors will have to take the hit again

View OriginalReply0

Tokenomics911

· 01-08 18:40

The wealthy are all spending money, and SOL is really about to take off --- Centralization risk? Wake up, traditional finance has never considered decentralization --- 15 billion stablecoins sound impressive, but how many can actually be used? --- JPMorgan has also come in, what does that mean? It shows that big institutions are also scared and rely on the chain for endorsement --- Are 2.37 million active addresses real, or is it another illusion of prosperity created by bots? --- Solana is now a testing ground for traditional finance. If it succeeds, it will expand; if it fails, they will shift the blame --- I just want to know when this 15 billion will truly flow into the market; right now, it's all on paper wealth

View OriginalReply0

AltcoinHunter

· 01-08 18:38

Major institutions are entering Sol one after another. I’m optimistic about this wave, but don’t get too excited — the risk of centralization is a ticking time bomb. --- Franklin, Morgan, and these big players suddenly betting on Sol simultaneously — there’s definitely something there. If the settlement channel can really be established, $10 billion is just the starting point. --- A $15 billion stablecoin market sounds impressive, but the real question is — what if a validator encounters a problem? Can the entire chain withstand it? That’s what I’m most worried about. --- Here’s another story about a potential new star. Institutional backing can boost confidence, but the hurdle of centralization is still there, and sooner or later, it has to be faced. --- I’ve invested a bit in this Sol funding round, but honestly, I’m still a little nervous. The network relies too heavily on a few nodes. The 2.37 million addresses look good on paper, but are they all small investors? --- JPMorgan is starting to tokenize. What does this mean? It shows that traditional finance is truly hungry. But can Sol handle this load? That’s still a question mark.

View OriginalReply0

tx_or_didn't_happen

· 01-08 18:37

Institutions are pouring money into Solana, but who will manage the centralized risk?

View OriginalReply0

Trending Topics
View More
#
GateFun马勒戈币Surges1251.09%
13.96K Popularity
#
GateSquareCreatorNewYearIncentives
37.52K Popularity
#
NonfarmPayrollsComing
9.28K Popularity
#
DailyMarketOverview
7.86K Popularity
#
IstheMarketBottoming?
31.95K Popularity

Hot Gate Fun
View More

1
FengGe
峰哥亡命天涯的投机人生
MC:$3.52KHolders:1
0.00%
2
我踏马都后悔
我踏马都后悔
MC:$0.1Holders:1
0.00%
3
马上来财
马上来财
MC:$3.59KHolders:2
0.19%
4
个板马
个板马
MC:$3.52KHolders:1
0.00%
5
大吉
🐴上来了
MC:$3.52KHolders:1
0.00%

Sitemap

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

FengGe

峰哥亡命天涯的投机人生

我踏马都后悔

我踏马都后悔

马上来财

马上来财

个板马

个板马

大吉

🐴上来了

Pin

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!

Trending Topics

GateFun马勒戈币Surges1251.09%

GateSquareCreatorNewYearIncentives

NonfarmPayrollsComing

DailyMarketOverview

IstheMarketBottoming?

Hot Gate Fun

FengGe

峰哥亡命天涯的投机人生

我踏马都后悔

我踏马都后悔

马上来财

马上来财

个板马

个板马

大吉

🐴上来了

Pin

Your First Words Matter! Share your first post on and split $10,000 in New Year rewards. Post with #My2026FirstPost to share your New Year wish 2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you! Ends on Jan 15, 2026, 16:00 UTC 2026 starts with this post!

Your First Words Matter!
Share your first post on and split $10,000 in New Year rewards.
Post with #My2026FirstPost to share your New Year wish
2026U Position Voucher, Gate New Year boxes, F1 Red Bull merch await you!
Ends on Jan 15, 2026, 16:00 UTC
2026 starts with this post!