While Solana is up just 5% over the past year, global sentiment around the altcoin is bullish due to its potential technical capabilities to outperform its main rivals in performance.
This leap in performance, designed to enhance network stability, is occurring as Solana gains attention from both government and corporate sectors.
The asset’s potential inclusion in a US digital asset stockpile and a trend of public companies converting treasury reserves to SOL point to growing confidence in the network’s technical roadmap.
The hybrid version of the client, known as Frankendancer, has been live on the mainnet with early adopters since September 2024, with the full mainnet release projected for later in 2025. The successful deployment of this technology is central to attracting enterprise-grade applications that require high network reliability.
Alongside technical improvements, the Solana community should keep track of policy developments in the United States. An Executive Order signed on March 6 established a “Strategic Bitcoin Reserve” and a separate “U.S. Digital Asset Stockpile” for non-bitcoin assets.
“The “United States Digital Asset Stockpile,” capitalized with all digital assets owned by the Department of the Treasury, other than BTC, that were finally forfeited as part of criminal or civil asset forfeiture proceedings and that are not needed to satisfy requirements.”
The framework does not mandate active market purchases of SOL, but its potential inclusion provides a level of official recognition that could influence institutional perception.
Like the strategic Bitcoin reserve, the US government has no concrete plans to purchase any digital assets, and therefore, seizure from criminal activity is the only route to government ownership.
However, given that the SEC has declared memecoins not to be securities, law enforcement’s ability to prosecute rug pulls becomes more complicated.
