『7M Active Addresses, Morgan Stanley Access & SOL Still at $75』のカバーアート

7M Active Addresses, Morgan Stanley Access & SOL Still at $75

7M Active Addresses, Morgan Stanley Access & SOL Still at $75

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(00:00:00) 7M Active Addresses, Morgan Stanley Access & SOL Still at $75
(00:00:36) Morgan Stanley E*Trade SOL Launch
(00:01:22) USDC Surge and RWA Dominance
(00:02:24) Across Protocol Bridge Hack
(00:03:10) Robinhood Chain's Limits
(00:03:41) Grayscale vs Bitwise Staking Race
(00:04:12) Key Signals to Watch

Solana's network has never been more active. Seven million active addresses, over a thousand transactions per second, ninety-six percent of tokenized equity trading volume in June — and SOL is still trading at seventy-five dollars, down forty percent from its January open. This episode breaks down the widening gap between on-chain performance and token price, and what it means for holders, developers, and institutional investors watching the ecosystem.

Morgan Stanley completed its E*Trade SOL spot trading rollout this week, giving 8.6 million eligible retail clients direct access to SOL alongside Bitcoin and Ethereum. It removes friction — but distribution and demand are different things, and that proof point is still pending. Meanwhile, Circle minted $250 million USDC on Solana in two days, pushing 2026 mints to over $70 billion — the fastest stablecoin inflow velocity on any chain this year.

On the downside, a security incident on the Across Protocol cross-chain bridge on July 17th exposed interoperability risks and pushed SOL below its $77 support level, coinciding with a broader tech sector sell-off. The episode also covers Robinhood Chain's launch — strong headlines, but the $3 billion in first-week DEX volume was driven heavily by memecoins, and Solana's 27-to-1 TVL advantage remains intact.

Finally, Grayscale cut fees and added staking distributions to GSOL, putting it in direct competition with Bitwise's BSOL, which yields over seven percent annually. In a flat price environment, staking yield is increasingly central to the SOL value proposition.

Key levels to watch: $77 support, $63 beneath it, and whether the Morgan Stanley retail channel generates any measurable inflow signal in the weeks ahead.

This episode includes AI-generated content.
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