October 06, 2025: Pump.fun dominates Solana memecoin market with 80% share, raising questions about market concentration. Market watchers debate if Solana can outperform Ethereum upon potential ETF approvals. Grayscale launches staking for Ethereum and Solana ETPs in the US market, expanding institutional options. Bitwise executive predicts Solana will become Wall Street's preferred stablecoin network amid growing adoption. Market analysts monitor these developments for potential impacts on Solana's position in the crypto ecosystem. Powered by LabCat AI research tools.