Solana's SOL Token Plummets 75% Despite Top Institutions' Adoption

Solana's SOL token has dropped a staggering 75% from its all-time high in January 2025, but despite this decline, top financial institutions are actively building on Solana's infrastructure.

JPMorgan, Visa, PayPal, and Franklin Templeton are among those using Solana as the core layer for Internet Capital Markets (ICM), a model where asset issuance, trading, and settlement occur on a single public blockchain.

Tiger Research identified Solana as the key infrastructure layer for ICM in its June 19 report 'Internet Capital Market 2026: Structural Shifts in the US and Strategic Direction for Asian Institutions.'

Orca's permissioned marketplace for tokenized real-world assets restricted to investors who had passed KYC checks demonstrates that compliance architecture is operational.