19h ago

Solana closes first binding on-chain governance vote as target slot time drops to 300ms, speeding network by 25%

AI Market Summary

Multiple SOL-positive catalysts: Charles Schwab plans to add SOL to Schwab Crypto Direct, and Bitwise's Solana staking ETF surpassed $1B AUM, reinforcing institutional distribution and demand channels. On-chain, Solana passed its first binding governance vote, formalizing rules and lowering issuance, while cutting target slot time to 300ms (25% faster). Broad DeFi/RWA launches and record activity metrics add near-term momentum to Solana ecosystem flows.

Impact level

● High

Affected assets

SOL/USDT-1.60%

AI Insight · SOL/USDTAI Insight

▲ Bullish

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Charles Schwab said it plans to add SOL to Schwab Crypto Direct, while Bitwise’s Solana Staking ETF surpassed $1B in AUM in 10 months. Solana also closed its first binding on-chain governance vote, alongside a 25% network speed increase. The network additionally rolled out fixed-rate credit and a tokenization project tied to a graded 1997 manga magazine featuring Luffy’s debut.

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