Solana's future largely hinges on the approval of exchange-traded funds (ETFs) to enhance institutional trust and to shift its image away from being perceived as a 'meme chain.' The blockchain project currently boasts a stablecoin supply of $12 billion and a robust payment protocol, which are seen as foundational for its payments and trading capabilities. Solana co-founder Anatoly Yakovenko emphasized that the emerging internet capital markets are not related to meme coins but are focused on revenue generated from on-chain assets. He also raised concerns over influencers sharing random wallet addresses, describing such actions as more detrimental than pre-sales. Yakovenko warned that this practice diminishes the likelihood of fair launches and could lead to a market collapse.