This week the gates officially opened.

Four brand-new spot Solana ETFs started trading, Bitwise’s BSOL blew past $500 million in assets under management, and the entire Solana ETF category just notched its 19th straight day of net inflows — with another $127.9 million flowing in this week alone.

Here’s exactly what launched:

• Fidelity Solana Fund (FSOL)​ – Listed on NYSE. Yes, that Fidelity. The $5 trillion asset manager now has a Solana product.
• VanEck Solana ETF (VSOL)​ – Nasdaq listing with built-in staking through Sol Strategies.
• Canary Marinade Solana ETF (SOLC)​ – Nasdaq, staking powered by Marinade Finance.
• 21Shares Solana ETF (TSOL)​ – CBOE listing.

Add those to the existing Bitwise BSOL (now >$500M AUM) and the other Solana ETFs already trading, and the message from Wall Street is crystal clear: Solana is no longer “that fast meme chain.” It’s institutional-grade infrastructure.

On the RWA and ecosystem side, things are moving just as fast:

• Sunrise became the first platform to offer day-one listing for any asset with Monad.
• Solstice’s USX stablecoin hit $300M TVL.
• Hestra announced DeFi-ready RWAs in partnership with Figure.
• Marinade introduced SOL staking that pays rewards in USDG stablecoin.
• Loopscale’s RWA USDG Vault crossed $10M in deposits in its first week.

All of this is happening while Solana continues to dominate retail mindshare through memes, pump.fun launches, and celebrity coins.

But now the institutions have arrived too.

When Fidelity, VanEck, 21Shares, Bitwise, and Canary are all fighting for Solana exposure at the same time, the inflows don’t lie. More capital → higher SOL price floor → more liquidity → healthier dex volume → stronger meme coin meta.

The same week Trump’s World Liberty Financial is stacking Solana, PayPal is onboarding to Solana, and Franklin Templeton’s on-chain money fund lives on Solana… now the biggest tradfi names in the world are giving their clients direct SOL exposure.

This is the exact type of catalyst that turns a “meme season” into a full-blown super-cycle.

Solana summer? We’re way past that.

We’re in the institutional adoption phase now.

And the memes are about to get very, very expensive.

Original roundup by @capitalmarkets