{"id":868110,"date":"2025-08-26T21:12:38","date_gmt":"2025-08-27T02:12:38","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/26\/rex-financial-ceo-solana-not-ethereum-is-the-future-of-stablecoins\/"},"modified":"2025-08-26T21:12:38","modified_gmt":"2025-08-27T02:12:38","slug":"rex-financial-ceo-solana-not-ethereum-is-the-future-of-stablecoins","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2025\/08\/26\/rex-financial-ceo-solana-not-ethereum-is-the-future-of-stablecoins\/","title":{"rendered":"REX Financial CEO: Solana, Not Ethereum, Is the Future of Stablecoins"},"content":{"rendered":"
\n
\n
\n
\"Solana<\/figure>\n<\/div>\n
\n

Solana is increasingly at the center of discussions around the future of stablecoins.<\/p>\n

There is a growing debate on whether this fast, high-capacity blockchain could rival Ethereum as interest continues to grow in Solana.<\/p>\n

Let us take a closer look at what the experts got to say and why Solana is drawing so much attention in the crypto space.<\/p>\n

Solana \u2013 The Future Of Stablecoins<\/h3>\n

Greg King, CEO of REX Financial, thinks Solana is where the future of stablecoins is headed \u2014 even more than Ethereum.\u00a0<\/p>\n

\u201cFrankly when I saw the big debate about stable coins all being built on ETH I was like this is a huge oversight. I think Solana is the story for the future as far as stablecoins go,\u201d<\/em> he said, in an interview with Bloomberg<\/a> TV.<\/p>\n

He notes that Solana\u2019s speed and high processing capacity make it particularly well-suited for stablecoins.<\/p>\n

\u201cA lot of people think that Solana is the up-and-comer that\u2019s going to sort of dethrone Ethereum,\u201d<\/em> he added. He also said it\u2019s a very controversial debate gaining both supporters and critics.<\/p>\n

<\/figure>\n

Ethereum Leads, Solana Thrives in DeFi<\/h3>\n

According to data from Defilama, the stablecoin market cap for Ethereum <\/a>is currently at $143.8 billion, while the total stablecoin market cap for Solana <\/a>is just at $11.8 billion.\u00a0<\/p>\n

As per a report from Messari<\/a>, Ethereum is seeing growing institutional adoption, leading in tokenized assets and DEX trading volumes. On the other side, Solana has also surged in on-chain activity with daily active addresses surpassing 2 million and DEX volumes sometimes nearly double Ethereum\u2019s.<\/p>\n

Key developments on Solana include stablecoin settlements, cross-chain swaps, and new DeFi protocols.<\/p>\n

Solana is showing strong momentum across multiple fronts. In the past 24 hours, it surpassed Ethereum and other blockchains in perpetual contract trading volume. Solana-based investment products, including ETFs, ETPs, and funds, received $12 million in inflows last week<\/a>, marking 11 consecutive weeks of gains.<\/p>\n

<\/figure>\n

Solana Poised for ETF Growth<\/h3>\n

Greg sees Solana as a top-five coin with strong ETF potential. Its speed, high staking rewards, and position as an Ethereum competitor make it an appealing choice for investors.<\/p>\n

He also said that crypto ETF issuers need to be selective about which coins they include, as crypto gets \u201cpretty sketchy\u201d below the top 20.<\/p>\n

Notably, nine firms including Bitwise, Grayscale, VanEck, 21Shares, Canary Capital have filed for a spot Solana ETF. Bloomberg analysts project a 95% chance <\/a>of approval for Solana ETFs.<\/p>\n

In early July, REX launched the REX-Osprey Solana Staking ETF<\/a>, which gives investors direct exposure to Solana along with staking rewards, making it the first U.S. crypto staking ETF.<\/p>\n<\/div>\n

\n

We’d Love to Hear Your Thoughts on This Article!<\/h2>\n
\n

Was this writing helpful?<\/h4>\n<\/div>\n<\/div>\n<\/div>\n

Read More<\/a>
\n Nidhi Kolhapur<\/p>\n","protected":false},"excerpt":{"rendered":"

Solana is increasingly at the center of discussions around the future of stablecoins. There is a growing debate on whether this fast, high-capacity blockchain could rival Ethereum as interest continues to grow in Solana. Let us take a closer look at what the experts got to say and why Solana is drawing so much attention<\/p>\n","protected":false},"author":1,"featured_media":868111,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[534,47657],"tags":[],"class_list":{"0":"post-868110","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-financial","8":"category-solana"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/868110","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=868110"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/868110\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/868111"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=868110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=868110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=868110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}