The Solana Policy Institute, along with blockchain projects Phantom, Orca, and Superstate, has submitted legal frameworks for "compliant tokenized securities" to the U.S. Securities and Exchange Commission (SEC). This move aims to establish a regulatory structure for tokenized equities on the Solana blockchain, potentially enabling broader capital market applications through blockchain technology. The submission is viewed as a notable development in the blockchain and cryptocurrency space, highlighting Solana's growing influence. Additionally, Chainlink has announced a partnership with the Solana Foundation to support teams building and expanding within the Solana ecosystem. Industry experts suggest that Solana's network extensions could transform blockchain scaling by enabling not only higher transaction throughput but also support for a wider variety of applications.