Twenty years is a long time in the cryptocurrency world, especially considering that the original crypto, Bitcoin, didn’t even exist in 2006, and Solana (CRYPTO: SOL) has only been around for six years. Today, Solana is one of the most popular cryptocurrencies, attracting investors and financial institutions seeking blockchain partners.
To imagine where Solana might be in 2046, consider two of today’s key trends: agentic artificial intelligence (AI) and real-world asset tokenization. Agentic AI enables autonomous bots to make decisions and act, including spending money, according to predefined rules. Real-world asset tokenization is a way to record ownership on the blockchain, and can reduce the friction in trading anything from equities to real estate. The growth of both sectors could make cryptocurrencies good investments.
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The bull case: Solana becomes a crucial cog in the emerging financial infrastructure
Solana’s standout feature is its speed; it processes transactions significantly faster than other major cryptocurrencies, often at a fraction of a cent. It is also innovative — Solana keeps pushing to improve and meet consumer needs. Unfortunately, pushing boundaries can come with a cost, and Solana had several technical issues in its early days. Improving resilience and reliability has been a focus for developers, and there hasn’t been an outage since February 2024. Those stand it in good stead to capture at least some of the emerging AI agentic payment and tokenization markets.
Not only is Solana in third place in terms of the value of tokenized assets on its ecosystem, but its tokenized stock trading is also taking off. Solana accounts for an ever-increasing share of tokenized equity trading. Tokenized stocks are on-chain versions of traditional stocks, and they’ve been a hot topic this year as the Nasdaq and New York Stock Exchange have advanced tokenized trading plans. If it works, in 20 years’ time, the majority of asset trading could take place on the blockchain.
We aren’t yet at the stage when an AI agent can carry out the research on, say, your new TV, then pay for it and get it delivered. But AI agents are already spending money, and many crypto enthusiasts see AI agents and the blockchain as perfect payment bedmates. The thinking is that blockchains offer financial services to non-human entities that can’t jump through the identity requirements to open a bank account. They are also programmable, operate around the clock, and have traceable transactions, making it easier to track AI agent activity. Solana’s high throughput would help it handle the millions of potential AI microtransactions, which is why it’s gaining market share.
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