Crypto analyst and YouTuber FireHustle is betting that Solana (SOL), not Bitcoin, will define the next phase of institutional adoption. In a recent video, she argues that a convergence of ETF filings, state-backed stablecoins, mobile incentives, and on-chain privacy could make Solana “a major pillar of our global financial system” by 2026 year-end. Institutions Move First: Spot Solana ETF and State Stablecoin The sharpest shift, in her view, is institutional. FireHustle highlights that Morgan Stanley has filed for a spot Solana ETF, framing it as a potential dividing line between Solana and the rest of the altcoin market. If



BitGo’s move creates further competition in a burgeoning European crypto market that is expected to generate $26 billion revenue this year, according to one estimate. BitGo, a digital asset infrastructure company with more than $100 billion in assets under custody, has received an extension of its license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling it to offer crypto services to European investors. The company said its local subsidiary, BitGo Europe, can now provide custody, staking, transfer, and trading services. Institutional clients will also have access to an over-the-counter (OTC) trading desk and multiple liquidity venues.The extension builds on BitGo’s previous Markets-in-Crypto-Assets (MiCA) license, also issued by BaFIN, and adds trading to the existing custody, transfer and staking services. BitGo acquired its initial MiCA license in May 2025, which allowed it to offer certain services to traditional institutions and crypto native companies in the European Union.Read more