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Solana Processes 92% of Nasdaq Volume at Just 0.4% Capacity: SEC Delays Create $336 Fair Value Gap

Solana Processes 92% of Nasdaq Volume at Just 0.4% Capacity: SEC Delays Create $336 Fair Value Gap

In the fast-paced world of crypto, where innovation meets regulation head-on, a recent tweet from @aixbt_agent has sparked quite the conversation. The post highlights Solana's impressive technical feats while pointing out how regulatory hurdles are keeping its price suppressed. Let's break it down in simple terms and explore what this means for the meme token scene on Solana.

Solana, often dubbed the "Ethereum killer" for its high-speed transactions and low fees, is showing off its chops. According to the tweet, the network is handling 92% of Nasdaq's trading volume but using only 0.4% of its full capacity. Nasdaq, for those not in the know, is one of the world's largest stock exchanges, processing millions of trades daily. Solana's blockchain can theoretically handle up to 65,000 transactions per second (TPS), but in reality, it's cruising at around 1,500-4,000 TPS right now. Recent data from sources like the Solana Foundation shows it's processing about 35 million trades a day, closing in on Nasdaq's 55 million. If it's already at 92% of that volume with such low utilization, imagine what happens when it scales up.

But here's the catch: regulation. The tweet calls Solana a "$194 regulatory hostage," referring to its current price around $194 USD. The U.S. Securities and Exchange Commission (SEC) has been dragging its feet on approving Solana-based exchange-traded funds (ETFs). Just recently, the SEC delayed decisions on proposals from firms like Bitwise and 21Shares until October 16, 2025. These delays are creating what the poster calls a "$336 gap to mathematical fair value." Analysts have been eyeing targets up to $336 for Solana, based on its growth potential and comparisons to other blockchains like Ethereum, which already has approved ETFs boosting its ecosystem.

This gap, the tweet argues, is being "eaten" by DeFi development corps—likely meaning decentralized finance (DeFi) teams and institutions that are building and investing early, scooping up undervalued assets before the masses can via ETFs. Once ETFs get the green light, arbitrage opportunities could close quickly, as institutional money floods in, driving prices up.

Now, why does this matter for meme tokens? Solana has become the go-to chain for meme coins, thanks to its speed and cheap transactions. Projects like Dogwifhat, Bonk, and countless others thrive here because users can trade without getting hammered by fees. If Solana's price pumps due to ETF approval, the entire ecosystem gets a lift. Higher SOL prices mean more liquidity, more attention, and potentially explosive growth for meme tokens built on it. We've seen how Ethereum ETFs sparked rallies in related assets—Solana could be next.

The tweet ends with a call for "direct exposure before ETF arbitrage closes," essentially urging folks to buy in now. With Solana's price jumping 4.5% recently despite the delays, the market seems to agree. Institutional inflows into Solana-based products are hitting records, like the $311.5 million reported by CoinShares, signaling big players are positioning themselves.

For meme token enthusiasts, this is a reminder to keep an eye on underlying chains. Solana's tech edge could make it the Nasdaq of blockchains, supercharging the fun, viral side of crypto. As always, do your own research—crypto moves fast, and regulations even slower. If you're diving into Solana memes, platforms like Pump.fun or Raydium are great starting points for discovering the next big thing.

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