July 2026 delivered a decisively bullish signal set: 23 signals were filed, 19 scored bullish with a net sentiment of 0.78, reflecting growing conviction in Solana's institutional trajectory. On-chain activity reinforced the optimism, with Solana dominating weekly activity at 29.84 million active addresses. Protocol fee leaders were led by PumpSwap at $975,526 (+14.2%), while Binance Staked SOL posted an extraordinary +24,589.5% fee surge to $242,204.
The month's defining theme was the accelerating tokenization of real-world assets (RWA). Solana tokenized assets hit a record $6B in Q2, up 114% QoQ, and Solana dominated tokenized equities with $3.47B in June 2026 volume. TradFi giants moved in: Morgan Stanley filed for a low-fee Solana ETF, launched Solana ETPs at 0.14%, and enabled Solana trading on E*TRADE, while Securitize tokenized $295M in stock. The RWA category scaled to 300K holders, boosted by Circle's $250M USDC injection. DeFi consolidation and soft NFT floors (down 5.3%) suggest capital rotated toward institutional-grade assets.
Morgan Stanley Expands Solana Access via E*TRADE and ETPs
Morgan Stanley launched Bitcoin, Ethereum, and Solana trading on E*TRADE, and separately launched Solana ETPs at an industry-low 0.14% fee.
Morgan Stanley Files for Low-Fee Solana ETF as SBI Launches Tokenized Fund
The filing signals continued TradFi appetite, while SBI's Japan-based tokenized fund broadens geographic reach.
Securitize Tokenizes $295M Stock on Solana, Begins NYSE Trading
This milestone demonstrates the use of Solana for regulated securities, underpinning the chain's $3.47B June tokenized equities volume.
Solana Reaches 300K RWA Holders, Boosted by $250M USDC Injection
Circle's capital injection helped push RWA holder count to 300K, deepening liquidity for tokenized assets.
Grayscale Spotlights Applications Fueling Solana's Growth
The asset manager's report highlights Solana's expanding application ecosystem, supporting the institutional narrative.
The Nexusol directory tracks 28 projects across DeFi, infrastructure, NFTs, gaming, and DePIN. A representative cross-section:
AuroryGaming
BonkMeme · DeFi · Culture
Drift ProtocolDeFi · Perpetuals · Trading
Exchange.artNFTs · Marketplaces · Art
Famous Fox FederationNFTs · Culture
Fearless Bulls ClubNFTs · Culture
HeliumDePIN · Infrastructure · Telecom
HeliusInfrastructure · Developer Tooling · RPC
