3 Reasons That Could Help Solana Beat Dogecoin's Profits This Summer

Wall Street can change its mood as quickly as a summer tune, but there is one rule that always holds true: when money from financial institutions flows into the market, it often seeks real utility, rather than coins based on "Meme". This is an important distinction and can lead to very different outcomes for the two familiar names, Solana and Dogecoin, in the coming months. Currently, Solana is not only receiving inflows from institutional investors, but also has at least three major drivers pushing its value further — outperforming Dogecoin, which is increasingly losing appeal from both the community and the market.

  1. Solana Attracts Strong Institutional Capital The U.S. Securities and Exchange Commission (SEC) recently requested organizations to resubmit their ETF Solana (Exchange-Traded Fund) registration filings by the end of July to expedite the approval process. This means that Solana-linked ETFs could be approved just before Halloween — earlier than initially expected. The capital flow began to pour in even before the official news was confirmed. In the first week of July, ETP trading products related to Solana attracted 78 million USD — a significant figure. This is real capital, representing the demand from institutional investors wanting to access Solana, and it often leads price trends before individual investors can catch on. Meanwhile, Dogecoin does have information about an ETF that is about to be considered, but the appeal to professional investors is very low. Dogecoin lacks almost all the factors to be considered a serious asset: there is no profit mechanism, no token burn ( to reduce supply ), and there is also no clear technical development roadmap. Even if the Dogecoin ETF is approved, institutional investors will also find it difficult to inject large-scale capital into a "fun is the main thing" coin.
  2. Tokenized Assets Are Landing on Solana Not only waiting for ETFs, Solana is gradually becoming a practical infrastructure for bringing traditional financial assets onto the blockchain. In just the past two weeks, the tokenized stock market on the Solana blockchain has surged from 15 million USD to 48 million USD, with many new stocks being listed in token form. This is a significant leap. Each new stock not only generates trading fee revenue but also helps enhance the ecosystem's credibility in the eyes of asset management institutions. Why are just a few dozen stocks so important? Because large financial institutions see these tokenization platforms as a "pipeline" for transferring assets. When they choose a platform with good performance, in this case, Solana, they will gradually transfer all assets to that platform to optimize operations. Once the capital flow has passed through, it will be very difficult to reverse unless another superior technology emerges. Dogecoin cannot compete in this arena. Its protocol does not support smart contracts, nor does it have the capability to implement custody or KYC — which are mandatory requirements in the world of tokenized financial assets.
  3. The Gap in Technology and Human Resources is Growing Larger Technically, Solana can handle up to 65,000 transactions per second (TPS) under ideal conditions, and over 5,000 TPS in practice — with transaction fees only a fraction of a cent. Such high performance allows decentralized applications (dApp) on Solana to run smoothly, almost instantly, even when a large number of users rush to trade meme coins. But performance will become meaningless without a development team — and this continues to be a strength of Solana. For three consecutive months, Solana has led in the amount of developer activity among all layer-1 blockchains. This is evidence of a sustainable building community, continuously updating features, and creating an ever-increasing competitive advantage. Meanwhile, Dogecoin has almost no development activity. This is partly due to the "no one controls" characteristic that used to be its attraction, but now has become a barrier. With no smart contracts and no ability to expand features, Dogecoin is currently just a "tip jar" with no place for funds to settle long-term. And this limits its sustainable price growth potential, even when supported by ETFs. Conclusion: Solana Has Many Advantages to Surpass Dogecoin If the Solana ETF is approved on time, coupled with a wave of traditional financial assets continuing to flood into the blockchain, then the trading volume, revenue from fees, and the "investment story" surrounding Solana will become increasingly attractive. Meanwhile, Dogecoin — although it may be pumped in the short term — is unlikely to maintain its price increase without a real ecosystem and utility. With what is happening, Solana is almost certain to outperform Dogecoin, both in the short term and the long term. This is a shift from "meme" to "infrastructure", from emotion to reality — and large institutions are making a clear choice.
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