Solana's institutional push ☀️

The Solana Foundation has launched open-source escrow program Solana DvP with input from JPMorgan—but inflows to SOL treasuries are slowing.

Author

Stephen Graves
October 06, 2026

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📝 What you need to know

Solana's institutional push is pressing ahead with the launch of Solana DvP. The open-source escrow program, launched by the Solana Foundation and built with input from JPMorgan, gives banks a standard API for delivery-versus-payment settlement, with finality in seconds instead of the days a clearinghouse chain takes. It follows Kraken using the Solana blockchain to settle tokenized xStocks on Solana for overseas customers, and BlackRock launching a tokenized money market fund on the network in August.

But the plumbing is getting institutional faster than Solana treasuries are filling. DeFi Development Corp, the second-largest SOL holder, added just 26,203 SOL to its coffers last week, worth about $3 million. That's half the previous week's buying and a quarter of mid-September's.

Solana Debuts Institutional Settlement Standard With J.P. Morgan Input

Built with input from J.P. Morgan, the open-source "DvP" program lets institutions settle trades atomically on Solana with finality in seconds

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📊 Myriad Insight of the Day

Myriad prediction marketOctober 6, 2026
SOL vs. silver: Which hits $150 first?
Open until either asset closes a 1-minute candle at $150 or higher
SOL 78%Silver 22%
  
Why it matters
Solana has opened up a commanding lead in this race to $150, with traders giving it 78% odds as SOL climbed 13.6% over the past month to $120.48, per CoinGecko. It now needs a 25% gain. Silver has gone the other way, sliding 7.5% over the month to $61.28, per Gold.co.uk, and would need to more than double. Silver was the favorite as recently as August.
Sources: CoinGecko, Gold.co.uk
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