So @solana is going to push the internet capital markets narrative so hard because they got labeled with meme coins. There is a neobank narrative low cap that they retweeted pre ICO most people are waking up to. The @solana marketing is all around wall street and tradfi integration but it is also largely around taking advantage of stablecoin growth and adoption for crypto on chain. Why is this? Because that is the center of what is going on in the US and how crypto becomes an everyday part of life with normies who now have accepted crypto as part of the monetary sysytem. Bessent thinks stables in 10 years will be $3.7 trillion versus around $300B today. Stable coin issuers are largely a component of treasury buying which the administration sees as something to lean into hence why they are so pro crypto.
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