TechFlame reports that Bitwise Chief Investment Officer Matt Hougan said that with its high speed and immediate finality, Solana is expected to become Wall Street's blockchain of choice in stablecoins and asset tokenization. Although Ethereum still dominates with around 59% of the market share, Solana's stablecoin size has grown to $13.9 billion. Bitwise's Solana spot ETF is currently awaiting approval from the US Securities and Exchange Commission (SEC), and the final decision is expected to be announced on October 16.