Solana is emerging as a potential component of global financial market infrastructure, according to Fidelity Digital Assets’ report "Solana's Competitive Advantage in Onchain Trading," published Nov. 6, 2026, and authored by Max Wadington. The network averaged approximately 95.9 million weekly transactions in 2026, representing roughly 15% of average weekly transaction volume across major U.S. securities exchanges, compared with 0.30% in 2022, and briefly surpassed the New York Stock Exchange in weekly transaction count in late 2026. Fidelity said the weekly count rose about 100-fold over the period analyzed, while the exchange-volume ratio increased 50 times. Monthly tokenized-asset volume rose from about $100 million in June 2025 to nearly $5 billion in September 2026, and tokenized equities supply reached a record $1.28 billion on November 8 after more than $670 million was added in one week. Solana-based perpetual futures platforms recorded more than $590 billion in notional volume over the preceding 12 months. Fidelity attributed the network’s expansion to execution speed, transaction capacity, reliability, low fees and improving liquidity, while noting that increased activity has not guaranteed higher revenue.