Matthew Sigel, the head of digital assets research at VanEck, recently shared some exciting insights on Solana's performance in September 2025 via this X thread. As someone who's been deep in the crypto world, I can tell you this update highlights why Solana continues to be a powerhouse, especially for meme token enthusiasts looking for fast, cheap transactions.

Let's break it down. First off, Solana saw a massive influx of stablecoins—over $2 billion more, bringing the total to $14.3 billion. Stablecoins are cryptocurrencies pegged to stable assets like the US dollar, making them perfect for trading without the volatility of other tokens. This growth means more liquidity on Solana, which is great news for meme token traders who rely on quick swaps and low fees.

Next, Solana captured a whopping 60% share in tokenized stocks. Tokenized stocks are real-world assets like company shares represented as tokens on the blockchain, allowing for fractional ownership and 24/7 trading. This dominance shows Solana's edge in real-world asset (RWA) tokenization, which could spill over into more innovative meme projects blending fun with finance.

Then there's the tech side. The Alpenglow upgrade is slashing transaction finality to just 150 milliseconds—that's how long it takes for a transaction to be confirmed and irreversible. For context, finality is crucial in blockchain to prevent double-spending and ensure security. Pair that with Firedancer, an independent validator client, and the upcoming P-token (which helps boost throughput by optimizing data handling), and Solana's network is getting even faster and more robust. These improvements directly benefit meme tokens by enabling smoother launches, trading, and community interactions without the congestion issues seen on other chains.

Sigel also pointed out that the SOL/ETH ratio is still below its one-year trendline, suggesting room for further outperformance. In simple terms, this ratio compares Solana's price to Ethereum's, and being below the trendline might indicate SOL is undervalued relative to its historical performance against ETH. If you're into meme tokens, Solana's ecosystem—home to hits like Dogwifhat and Bonk—stands to gain big from this momentum.

For more details, check out VanEck's full crypto monthly recap here.

Overall, September 2025 was a stellar month for Solana, reinforcing its position as a go-to chain for meme tokens and beyond. If you're building or trading in the blockchain space, keeping an eye on these developments could give you that edge. Stay tuned for more updates right here on Meme Insider!