Solana is becoming a popular choice for financial institutions looking to build blockchain-based products and services. Although Ethereum is still dominant, Solana offers advantages such as lower transaction costs and higher throughput. Major firms like Franklin Templeton, Citibank, and Société Générale have announced Solana projects.
In contrast, Ethereum has more regulatory clarity in the US market. Solana’s technical innovations and developer mindset focus on user experience and scalability.